You may receive an email from a fraudster claiming to be a familiar vendor, supplier or colleague, asking you to update payment instructions for an EFT or wire payment.
There are also things that YOU can do to protect yourself from being a victim. As your trusted partner, CIBC focuses on fraud education and prevention. Many companies are having their normal activities interrupted by the ongoing global COVID-19 pandemic and, as a result, fraudsters may try to exploit this situation for their own advantage. FRAUD ALERT – Watch out for fraud attempts during the COVID-19 pandemic
