Lets go straight to the point on the techniques hackers use to steal money directly from bank accounts.
Most people assume 2FA is infallible. They can’t imagine how it could possibly be defeated. It dramatically improves your security but it’s just another hurdle for cybercriminals and there is a variety of techniques. Here is one called a Man-in-the-Browser.
These investigations take a really long time. Your cash flow stopped instantly and the two most precious assets on any balance sheet are (i) Cash at Bank, and (ii) Reputation. Both are gone in 24 hours.
If you are a Trustee you’re personally liable within 24 hours. Our governments shut down your business at 48 hours.
Well done to the Queensland Law Society for publishing this.