The State of Business Payment Security In The U.S.
July 18, 2024
Trustmi's latest report, "The State of Business Payment Security in the U.S.," highlights the increasing prevalence of AI-driven deepfake and executive impersonation attacks. This comprehensive survey of 516 finance professionals, including CFOs, treasurers, and accounts payable specialists, reveals the pressing challenges and trends in business payment security today.
AI-Driven Executive Impersonations: A Growing Threat to Business Payments
The rise of generative AI has introduced new, sophisticated cyber threats that finance and cybersecurity teams must contend with. Trustmi’s latest report, “The State of Business Payment Security in the U.S.,” highlights the increasing prevalence of AI-driven deepfake and executive impersonation attacks. This comprehensive survey of 516 finance professionals, including CFOs, treasurers, and accounts payable specialists, reveals the pressing challenges and trends in business payment security today.
Read this report to learn more:
- Emerging AI-Powered Threats: Understand how AI-driven deepfake and executive impersonation attacks are becoming significant threats, with 22% of finance professionals already targeted. Learn how these sophisticated attacks are evolving and the challenges they pose to traditional security measures.
- Current Fraud Landscape and Human Error: Discover the ongoing threats businesses face, such as business email compromise and fraud resulting from human error. Explore how social engineering schemes and employee collusion contribute to the complex fraud landscape.
- Enhancing Visibility and Automation in Payment Processes: Gain insights into the gaps in visibility over payment processesץ Learn about the benefits of automating payment processes, reducing reliance on manual operations, and integrating multiple technology solutions to enhance security and efficiency.
Trusted by Finance and Security Leaders
“Trustmi provided transparency into our payment process to see where cyberattacks and errors were happening and full protection without changing our workflow."
“Like many businesses today, we’ve experienced cyber attacks on our payment process, but we didn’t realize the extent to which we were at risk until we evaluated Trustmi. Now we’re confident we’ll be able to avoid future attacks with their platform.”
“Trustmi’s platform is an important tool for our team. Their Payment Flows module increases our payment cycle security, and our team has also managed to cut down the time for preparing payments reports from half a day to half an hour.”
Trusted by Finance and Security Leaders
“Trustmi provided transparency into our payment process to see where cyberattacks and errors were happening and full protection without changing our workflow."
“Like many businesses today, we’ve experienced cyber attacks on our payment process, but we didn’t realize the extent to which we were at risk until we evaluated Trustmi. Now we’re confident we’ll be able to avoid future attacks with their platform.”
“Trustmi’s platform is an important tool for our team. Their Payment Flows module increases our payment cycle security, and our team has also managed to cut down the time for preparing payments reports from half a day to half an hour.”
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