Don't get caught out by the invoice redirect scammers

Multiple-choice questions: In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again

  1. What is a push payment scam?

  2. What is invoice redirection?

  3. What proportion of Irish SMEs were the target of fraudsters?

  4. What proportion of Irish SMEs admit to having no fraud awareness guidelines or training in place?

  5. Why is it particularly important for accountancy firms to guard against fraud incidents?

  6. What is the biggest difficulty for organisations when guarding against fraud?

  7. What is the best way to avoid invoice redirection?

  8. How might a company be vigilant about being asked to change bank account details?

  9. What should you not do when seeking to challenge a payment request?

  10. What key step should you take to make sure you don't lose any money?