Defend Against Wire Fraud

Conduit protects against wire fraud through simple software & proven processes.

Wire Fraud:

You Could Be Next

Wire Fraud is Pervasive

FBI statistics show that over $3 Billion was reported stolen in 2023! While large, this number is underreported, and criminals have started targeting fund managers and firms that have high transaction volume.

Cyber Insurance is Ineffective

Insurance is a good hedge against technical intrusions. However, coverage for wire fraud losses (social engineering) is minimal. Victims usually bear full responsibility for wire fraud losses.

Social Engineering Can Happen to Anyone

Every victim of wire fraud has had excellent people, security awareness, and documented procedures. However, they all lack a technical control to support their people and catch common problems before money is sent.

Learn more about:

Wire Fraud

Protect Yourself with Conduit

Never Lose Money (Again!)

Technical controls in the Conduit application ensure that your team follows the correct procedures for sending payments. Everytime!

Support Your Staff

Moving cash is a time-sensitive and stressful task with high stakes. Conduit gives your team confidence and comfort when making payments.

Ease Your Mind with an Audit Trail

Can you PROVE that your existing payment process is followed? With Conduit, execs review the actual verification procedures, instead of trusting an email or internal log.

Learn more about:

The Conduit Platform

Testimonials

“I went with Conduit because I know our industry is a target for cyber criminals. I am always looking for ways to get better, and Conduit provided that opportunity. What I like best is the software allows me to 'trust but verify' our processes that are in place are being followed every time.”

— CEO, Hedge Fund

“The dashboard is very helpful and the functionality around verification calls is critical.”

— BT, Fund Manager, Chicago

“I use their software to ensure I follow the best practices they prescribe so my assets are safe and covered by insurance.”

— JM, Family Office, Florida

“We decided to partner with Conduit because they made our process more transparent and secure. The workflow implementation was seamless and operationally efficient.”

— Controller, Multi-strat Hedge Fund

“I hear about a new scam, fraud, or loss every week from peers in the industry. I know my company is a target because of the nature of our business. Conduit was an inexpensive and easy solution that gave me and my CFO confidence that we can maintain our operational pace and protect our transfers.”

— CEO, Real Estate Development Firm

“Conduit coached me on ensuring my team was doing the necessary things to keep in compliance with our cyber
insurance policies.”

— JA, Technology Executive, Chicago