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You communicate with your employees and coworkers via Slack or Microsoft Teams, schedule a Zoom call, and search Google Drive for yesterday’s file.
As our world is catapulted into the digital era, it’s a familiar structure for many businesses with or without a managed IT team—cloud storage, video meetings, and a space for virtual water cooler talk. But, if your IT infrastructure sounds anything like the mock company above, you may have fallen victim to overspending on IT.
It’s 5 p.m. on Friday, and your inbox lights up with an email from the company president.
“Please send a money transfer to this account. Use your personal account and you will be reimbursed on Monday. It’s urgent.”
The request and timing seem odd, but you send the transfer and wait. Only, there is no reimbursement on Monday morning. You’ve just fallen victim to email phishing.