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A single convincing email can move real money. We break down how Scripted Sparrow and other BEC crews spoof reply chains, impersonate trusted service providers, and slip under approval thresholds to nudge finance teams into wiring funds. The threat isn’t flashy malware; it’s pressure, process gaps, and the illusion of internal approval. We talk through the red flags that matter, from sudden vendor banking changes to realistic W9 attachments and urgent payment timelines, and then lay out the safeguards that stop these scams cold.

From there, we zoom out to the full incident management lifecycle and make it practical. You’ll hear how we define an incident by its impact on confidentiality, integrity, and availability, and why that clarity speeds action. We map the steps—detection, response, mitigation, reporting, recovery, remediation, and lessons learned—and explain what they look like in a real company: one-click phishing reporting for employees, prepared legal statements for regulators, isolation choices that protect revenue, and documentation habits that pay off when auditors and insurers start asking questions.

We also get honest about today’s attack surface. Cloud sharing, APIs, and over-permissive identities push sensitive data to the edge, making containment harder if an attacker lands. Expect persistence: backdoors, credential reuse, and lateral movement thrive when local admin rights and flat networks remain. The antidote is a blend of stronger finance workflows, pre-briefed legal and communications teams, and regular tabletop drills that involve everyone who touches money, systems, or messaging.

If you’re serious about preventing wire fraud and surviving security incidents with your business intact, this conversation gives you a focused plan you can adopt today. Subscribe, share with your finance and HR leaders, and leave a review with the one control you’ll implement first.

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