Kauai residents, business assess destruction after Hurricane Lowell batters south shore
Sponsored - The following content is created on behalf of Central Pacific Bank and does not reflect the opinions of Gray Media or its editorial staff. To learn more about Central Pacific Bank, visit www.cpb.bank . Protect your money from business email compromise scams Business email compromise (BEC) is a fast-growing financial threat targeting companies across Hawaii. Central Pacific Bank’s VP of Corporate Communications Tim Sakahara shares key warnings and actionable steps to help local businesses stay safe. BEC occurs when a scammer impersonates an executive or trusted partner, asking employees to update direct deposit info, change vendor payment details, or purchase gift cards.
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Fraudsters execute this by spoofing email addresses (changing just a single letter) or hacking directly into real email accounts. “Fraudsters are constantly evolving, finding new ways to steal.