Question:

What are your biggest concerns related to cybersecurity?

Bringing our systems to a halt, much more than actually obtaining our internal data.

Credit Master attacks (when fraudsters are running algorithms to try and get a match on card info and running the card the cards for various amounts w/ differnt vendors to see if it will go through).

Cardholder knowledge and proper use of their card. They must treat their corporate card as their own and be vigilant where they use their card.

We utilize Single Sign-on for our 3rd party applications. The main concerns we face are fishing attempts (some very convincing fakes in the past year) and password sharing (within a team)

That safeguards are not being used by cardholders.

Knowing how to protect the company I work for

Apple pay and using watches to store data as well as saving and storing of card data in places such as amazon.

Emailed Phishing attempts from "financial institutions"
Credit card numbers being hacked

Stolen information

Fraudsters hacking in to our suppliers email and payment systems, and then submitting ACH bank routing information or changes to bank routing.

Phishing and duplication of legitimate pages/sources in order to get card information

Ransomware

We actually haven't encountered many just fraud here and there but most cardholders can't pinpoint how they were compromised

Vendor internet security

Fraud

not much, BoA has to deal with it

3rd party cyber security risk

Someone hacking into our Bank website and creating cards

Hackers getting into our system, creating accounts, issuing cards

having my company be at the mercy of a hacker and losing protected information

the unknown

Someone hacking into a virtual card platform.

account takeover

Being hacked and internal system infiltration.

Credit card numbers and SSN info being hacked.

Data loss.

The work involved in fraud cases

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