About
Conduit Security protects against wire fraud through simple software and proven processes. With FBI statistics revealing over $17 Billion lost to wire fraud in 2024, this service targets fund managers and firms with high transaction volumes. While insurance provides a hedge against technical intrusions, coverage for losses from wire fraud is typically minimal, leaving victims to handle these losses independently. Conduit Security assists by implementing technical controls that complement existing security awareness and documented procedures, ensuring critical issues are addressed before funds are transferred.
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