Post by CyberCX

The end of financial year (EOFY) is one of the busiest periods on the finance calendar 📅 For finance teams, it's business as usual. For scammers, it's an opportunity, warns Shameela Gonzalez, CyberCX Executive Director, Financial Services Lead.   Shameela tells Eftsure that EOFY amplifies the exact conditions scammers rely on - factors like urgency and high volumes of transactions. "Any time where there's a really significant period and you're expecting a high volume for your business, just be on high alert that a criminal is going to know that and they're going to be planning ahead for that as well."   She adds it's also important to remember that some scams are tied to major events or seasons, but businesses should be on alert all year round. "Businesses should operate under the assumption that scam attempts are constant. When finance teams maintain this mindset, they can detect and mitigate threats more effectively." ➡️ Read more from Shameela on why EOFY creates the perfect conditions for scams, and what to watch for before 30 June: https://lnkd.in/gzQaHg8Y