Wire transfer fraud is a major threat. Understanding the risk highlights the importance of social engineering training for companies and their employees.
Although August was supposed to be slow, prudent finance teams have seen this month's surpisingly low rates as a reason to delay summer vacations and issue debt instead.
"Now's the time to be ramping up your effort" to obtain exclusions, said Jason Waite, a partner at Alston & Bird who leads the firm's international trade and regulatory group in Washington, D.C. But he warned that there are "still a lot of unknowns."
