Solutions
How Veridex protects the industries attackers target most.
Accounting & Finance
Business email compromise caused $2.77 billion in reported losses in 2024 (FBI IC3), and over 90% of cyberattacks begin with a phishing email (CISA).
Why targeted
Accounting firms sit at the intersection of money and trust. They handle client wire transfers, tax filings, payroll, and sensitive financial data — all communicated over email. Attackers know that a single convincing email to an accountant can redirect a six-figure payment with no questions asked.
The scenario
Consider a scenario where a partner at a mid-sized accounting firm receives an email appearing to be from a long-standing client, requesting an urgent change to their payroll bank account ahead of a Friday run. The domain looked right. The tone was familiar. The request went through. The firm discovered the fraud four days later — after $94,000 had already moved. Veridex is designed to surface warning signals — including Reply-To mismatches and out-of-band urgency patterns — that commonly accompany attacks like this.
What Veridex detects
- Spoofed sender domains impersonating clients or banks
- Reply-To mismatches on payment instruction emails
- Urgency and authority tactics combined with financial requests
- First-time senders asking for bank detail changes
- Links in emails that don't match the displayed domain
Manufacturing & Steel
Supplier and vendor impersonation is a leading form of business email compromise, which caused $2.77 billion in losses in 2024 (FBI IC3).
Why targeted
Manufacturing businesses run on supplier relationships and purchase orders — high-value transactions processed quickly by teams under operational pressure. Procurement staff aren't security professionals. Attackers impersonate known suppliers, redirect invoice payments, and are often undetected for weeks.
The scenario
Consider a scenario where a procurement manager at a steel distributor receives what appears to be a routine email from their primary sheet metal supplier, notifying them of updated banking details effective immediately. The email address looked identical to the real one. Three invoices totalling $210,000 were paid to a fraudulent account before the real supplier called to chase payment. Veridex is designed to surface warning signals — such as lookalike domains and bank-detail-change language — that commonly accompany attacks like this.
What Veridex detects
- Lookalike supplier domains designed to pass a quick glance
- Bank detail change requests from external senders
- Emails impersonating known vendors with mismatched link domains
- First-time senders presenting as established suppliers
- Pressure tactics asking for immediate payment confirmation
Real Estate
The FBI reported $2.77 billion in business email compromise losses across 21,442 complaints in 2024 (FBI IC3, 2024 Internet Crime Report).
Why targeted
Real estate transactions involve large wire transfers, tight deadlines, and multiple parties communicating over email — title companies, agents, buyers, attorneys. Attackers monitor email threads and strike days before closing, sending fake wiring instructions that look like they came from the title company. By the time the fraud is discovered, the money is gone.
The scenario
Consider a scenario where three days before closing on a $380,000 residential sale, a buyer receives an email appearing to be from their title company with updated wiring instructions. The email address was one character off. The buyer wired the full amount to a fraudulent account. The real title company had no idea until closing day. The agent lost the client. The buyer lost their down payment. Veridex is designed to surface warning signals — such as sender-domain mismatches and out-of-band wiring instructions — that commonly accompany attacks like this.
What Veridex detects
- Domain impersonation of title companies and law firms
- Last-minute wiring instruction emails with mismatched sender domains
- Urgency patterns combined with payment requests near closing dates
- Reply-To mismatches designed to redirect responses to attackers
- Link obfuscation in emails purporting to be from financial institutions
Senior Living
Most small businesses lack dedicated security staff, and 43% of cyberattacks target small businesses (Accenture).
Why targeted
Senior living facilities are attractive targets for three reasons: high staff turnover means low security awareness, resident financial information is routinely handled over email, and facilities often operate with minimal IT infrastructure. A single successful phishing attack can compromise resident data, redirect vendor payments, or expose the organisation to regulatory penalties.
The scenario
Consider a scenario where an administrator at a senior living facility receives an email appearing to be from their medical supply vendor requesting updated payment details for upcoming orders. Staff processed the change through their normal accounts payable workflow. Over the following six weeks, $47,000 in payments were redirected before a discrepancy was noticed during a routine audit. Veridex is designed to surface warning signals — including first-time sender patterns and bank-detail-change requests — that commonly accompany attacks like this.
What Veridex detects
- Vendor impersonation targeting accounts payable staff
- Bank detail change requests from unverified senders
- Emails referencing resident information from external unknown domains
- Authority and urgency tactics targeting non-technical staff
- Suspicious attachments from first-time senders
Small Business
43% of cyberattacks target small businesses (Accenture). The median cost of a cyberattack for US small businesses is approximately $16,000 (Hiscox).
Why targeted
Small businesses are the perfect target. No dedicated IT team, no security policies, employees wearing multiple hats, and the same email-based financial workflows as larger enterprises. Attackers know that a small business owner is likely handling vendor payments, client communications, and banking all from the same inbox — with no one checking their work.
The scenario
Consider a scenario where the owner of a 12-person logistics company receives an email that appears to be from their accountant, asking them to approve an urgent tax payment via a link before end of day to avoid penalties. The link led to a convincing fake portal that captured their banking credentials. The account was drained overnight. Veridex is designed to surface warning signals — including credential-request patterns, urgency language, and link-domain mismatches — that commonly accompany attacks like this.
What Veridex detects
- Credential harvesting links disguised as legitimate portals
- Fake invoice and payment request emails from lookalike domains
- Urgency and authority combinations targeting business owners directly
- Emails impersonating accountants, lawyers, and banks
- Suspicious attachments from unknown senders