Cyberattacks to illegally access business information and funds are on the rise globally. The fraudsters’ sophistication is growing. Firms and organizations of any size are requested by alleged business partners, high-ranking staff members or other contacts of influence to execute an immediate transfer of money which can reach an amount of several million euros. Once transferred to a fraudulent account abroad this money is hard to recover.
Since time is of the essence when trying to recover such funds, we help clients with strict processes in the quickest possible way to contact banks, police and other authorities to report these incidents. We support our clients in gathering the necessary evidence required for the police to act which includes, amongst others, freezing the receiver’s bank account. Throughout the fund-recovery process we stay in close contact with our clients and the authorities to increase the information flow and maximize the chance for success.
