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In this episode of Smart Tech Spending, I’m joined by fraud prevention and investigation expert Kellie Spawton who explains the bank's role when scammers steal from businesses and how companies can work to prevent it.

What you’ll learn in this episode:
- Why an “It Won’t Happen to Me” mindset can lead to financial loss for a company

- How simply validating account change requests can stop businesses from losing money to hackers

- A real email scam that led to a $750,000 loss

- How quick reporting is essential when trying to recover money after a scam

- The importance of educating teams and ongoing security awareness training

About Kellie Spawton
Kellie has nearly 25 years of experience in banking operations and security.  She holds a bachelor’s degree in organizational psychology and business administration and is a graduate of the Stonier Graduate School of Business and Wharton Leadership Program.

Resources
Connect with Kellie Spawton:  https://www.linkedin.com/in/kellie-spawton-47563610/
FBI – Cyber Crime - https://www.fbi.gov/investigate/cyber

Connect with Nicole: https://www.linkedin.com/in/nicolelefsky
Contact Nicole:  nicole@jerseyitgroup.com
About Smart Tech Spending:  https://www.jerseyitgroup.com/podcast
About Jersey IT Group: https://www.jerseyitgroup.com

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