Insights

The Student Mule Economy

Criminal networks are recruiting students as money mules, putting banks and investment managers at risk. Protect every transfer with Conduit Security.

Conduit Partners with Kyriba!

Protecting payments just got easier - Conduit Security is thrilled to partner with Kyriba!

Ark Webinar: Securing Capital Flows & Data Integrity

Ark, Conduit Security, and the NCFTA joined forces for a webinar where they explored how leading venture capital and private equity CFOs are...

WSJ Pig Butchering

The Wall Street Journal’s latest exposé reveals the harsh realities of “pig butchering” scams.

HFR Webinar

Last week, Hedge Fund Research (HFR) hosted a webinar with our Founder and CEO, Ryan Castle...

AI Forgery

The rapid evolution of AI has ushered in remarkable opportunities.

FBI IC3 Report - Top Threats

The FBI’s 2024 Internet Crime Complaint Center (IC3) report paints a sobering picture: cyber-enabled fraud and related...

Welcome Melissa Taylor to Conduit Security

[BATON ROUGE, Louisiana] — Conduit Security, a leading cybersecurity firm dedicated to protecting organizations...

Wire Fraud in 2025

2024 was a landmark year for Conduit. We added almost half a trillion assets we are protecting, integrated with other software...

Wire Fraud Happens to the Best of Us

Conduit would like to thank Rana Robillard, a recent victim of wire fraud, for sharing her experience with the crime. Rather than...

Part 1 - Linedata Interview

As part of Conduit’s ongoing partnership with Linedata, our founder Ryan Castle sat down with Justin Ryan from Linedata to...

Cybercrime: Wire Fraud and Justice?

In our AI and digital age, the specter of cybercrime looms large, presenting a massive challenge that traditional law...

Socially Engineered Wire Fraud Spikes Over Thanksgiving

As the holiday season kicks into high gear, so does socially engineered wire fraud. This week, we all know the chaos is real.

NetDiligence Interview

Conduit founder Ryan Castle sat down with NetDiligence’s president, Mark Greisiger, to shed light on the severity and scope of..

Unless You Use Conduit, Wait to Wire Funds Until July 10th

Don’t be a cliché and fall victim to wire fraud over the 4th of July holiday. We’ve unfortunately had to have those difficult...

The Friday Before a Long Holiday Weekend

The weather looks great here in Chicago and I have a round of golf lined up for Friday. This week is a time when people’s...

Have You Noticed More Phishing Attacks Than Usual?

There is an old saying attributed to Winston Churchill….“Never let a good crisis go to waste.” In 2023 wire fraud bad guys and...

SVB and Wire Fraud Risk

There is an old saying attributed to Winston Churchill….“Never let a good crisis go to waste.” In 2023 wire fraud bad guys and...

Finance Teams Who Stop Wire Fraud Should Get a Medal (or a Trophy)!

When companies work on cyber security, they invest time and money to stop breaches, ransomware and malware.

The Accountants vs Skynet

Wire fraud is a serious problem that has grown in recent years as technology has advanced. Unfortunately, many people...

ACH vs Wire Transfers

At Conduit, we know there are some elements that make Automated Clearing House (ACH) transfers safer at the margin...

Even Captain Sully Used One

One of the most well-known examples of how checklists can save lives comes with Captain Sullenberger. Even after a flock of...

Understand Your Insurance Coverage

A recent ruling in a Minnesota District Court distinguished between social engineering and computer fraud. Most important for...

We Asked DALL-E-2 to Show a Wire Fraud Victim

If you have heard of or seen some of its work already, DALL-E-2 is an AI artist that creates original art in seconds from a...

A Subtle Change in Policy Can Stop Wire Fraud

The best strategy to prevent wire fraud is an out of band communication.

The Fourth of July: Scammers Hard at Work During Your Vacation

Given a low likelihood of recovery, wire fraud is severely underreported. Since nearly all perpetrators are located outside...

Money Mules: How Criminals Move Money Overseas

Most people are familiar with the “Nigerian Prince” scams of the 1990’s. What many don’t realize is that these “419” scams...

Evolution of Bank Heists

The heist movie has been a staple of the action genre ever since The Great Train Robbery debuted back in 1903.

Trends: Ransomware vs. BEC

On a risk/reward basis, we believe that wire fraud is most likely to be the focus for cyber criminals in the near term.

$130 Million Lost in Wire Fraud

One of our favorite financial authors, Matt Levine, wrote an article about a large wire fraud. The story he tells highlights the need...

Wire Fraud New Year’s Resolutions

Wire fraud is a huge problem for American businesses, with almost $2 Billion reported stolen in 2020 and accounting for a third of...

What Is the FBI Telling Us About Wire Fraud?

In brief, it’s the largest internet crime around.

Plausible Deniability and Who Absorbs a Wire Fraud Loss?

When working on recovering fraudulent wire transfers, there are always common themes across all the crimes. The two I’d...

Seinfeld, the Beach, and Stopping Wire Fraud Edit

I love Seinfeld’s stand-up. I’m a fan of the show, have seen him live and often go down YouTube rabbit holes watching old...

4 Reasons Wire Fraud Criminals Are Thankful

Thanksgiving is here! Tis the season for “Out of Office” replies, calls going to voicemail, airports and highways crowded...

Ransomware vs Wire Fraud

The news provides a daily reminder of the prevalence of cybercrime. We are told businesses are under constant attack from...

How to Recover a Wire Transfer

Being the victim of wire fraud is extremely traumatic. You will immediately worry about if you will ever see the money again...

Wire Fraud Bad Guys, Not Hackers, Stole $2.3 Million From Wisconsin Republicans in an Epic Wire Fraud Case

As reported by the AP “Wisconsin Republican Party says hackers stole $2.3m” two weeks before the 2020 election.

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