FinCEN, the Financial Crimes Enforcement Network (FinCEN), has issued an advisory warning of possible imposter scams and money mule schemes happening during the Coronavirus pandemic.
The advisory is based on “FinCEN’s analysis of COVID-19-related information obtained from the Bank Secrecy Act (BSA) data, open-source reporting, and law enforcement partners.”
In imposter scams, scammers impersonate organizations such as government agencies, non-profit groups, universities, or charities to offer fraudulent services or otherwise defraud victims.
For example, a scammer may contact potential victims by phone, email, or text and imply that the victim must verify personal information or send payments in return for COVID-19-related stimulus payments or benefits.
FinCEN has the complete, downloadable advisory for those who would like more information on imposter scams and money mules schemes.
Stop, Collaborate, and Secure!
Premier Data Services is excited to announce our newest software development in partnership with Florida Agency Network,the Closing Manager.
The Closing Manager is a secure collaboration portal that bridges wire fraud security best practices with the benefits of a consumer-friendly closing experience. By utilizing the Closing Manager, each party involved in the real estate closing transaction minimizes his or her email exposure, and significantly decreasing the chances of fraud occurring.
“The rampant escalation in business email compromise (BEC), the security features associated with the Closing Manager provide clients with a safe-haven to conduct business and protect all components of the transaction.”
To read more about the innovative technology, click HERE.
For more information on how the Closing Manager can help your title agency,
TAMPA, FL — Premier Data Services, a complete IT/Managed Services Provider (MSP), has completed a rigorous third-party examination of its policies and procedures under the Service Organization Controls (SOC) 2, Type 2 standards, demonstrating its commitment to data security and privacy at all levels of its operations.
The demanding third-party examinations were administered by the professional IT assurance and compliance staff at 360 Advanced, a respected national Qualified Security Assessor, HITRUST CSF Assessor and Certified Public Accountant firm based in Tampa, FL.
Developed by the American Institute of Certified Public Accountants (“AICPA”), the Trusted Service Principles (TSP) Framework is based on criteria geared towards technology and cloud-based computing systems, and the TSP Framework is comprised of five standards by which a practitioner is required to examine and report on when analyzing the security of a candidate’s system.
Companies that complete annual SOC assessments are able to demonstrate a substantially higher level of security assurance as compared to those companies without an assessment. An annual SOC 2, Type 2 assessment analyzes security measures as they relate to non-financial controls of an organization such as its IT network and processes, as well as protection of confidential data.
As an IT/MSP, Premier Data Services specializes in compliance and security, overseeing its clients’ infrastructure and network solutions, and ensuring their software systems are not only healthy, but also optimized for performance.
“We are proud of this accomplishment and feel this demonstrates our ongoing commitment to security. Completing the SOC 2 Type 2 assessment shows how serious we take protecting and safeguarding our clients’ information. We value and protect NPPI as though it were money. Our goal is to become a vault for our clients,” said Aaron M. Davis, CEO of Premier Data Services.