tiprankstipranks
Advertisement
Advertisement

GetReal Security Highlights Growing Financial Risk From High-Value Fraudulent Transfers

GetReal Security Highlights Growing Financial Risk From High-Value Fraudulent Transfers

According to a recent LinkedIn post from GetReal Security, CEO Matthew Moynahan is quoted in Bloomberg Law highlighting a rise in million‑dollar‑plus fraudulent wire transfers that allegedly occur routinely but often remain out of public view. The post links this trend to emerging technologies that allow bad actors to convincingly mimic senior executives, increasing the risk of financial loss for organizations.

Claim 55% Off TipRanks

The company’s LinkedIn post highlights the role of chief information security officers, noting that CISOs are frequently responsible for advocating investment in tools designed to counter these technology‑enabled threats. For investors, this messaging suggests growing market awareness and demand for advanced fraud and identity‑verification solutions, potentially positioning GetReal Security to benefit from heightened enterprise spending on security as deepfake and impersonation risks escalate.

Disclaimer & DisclosureReport an Issue

1