fraudulent transactions

What Should Businesses Do if They Fall Victim to Fraudulent Transactions?

If a business falls victim to fraudulent transactions, immediate action is crucial:
1. Notify Affected Parties: Inform subscribers and stakeholders about the breach.
2. Investigate: Conduct a thorough investigation to understand the scope and method of the fraud.
3. Report: Report the incident to relevant authorities and, if necessary, to email service providers.
4. Mitigate Damage: Take steps to secure compromised accounts, remove malicious content, and restore affected systems.
5. Review Practices: Evaluate and enhance security measures to prevent future incidents.

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