Fraud targeting schools is no longer a distant risk. In 2024, 79% of organizations experienced payment fraud attacks or attempts, and school business offices, particularly accounts payable teams, are among the most frequently targeted. Business Email Compromise (BEC) alone accounted for over $2.7 billion in losses last year.
In this co-hosted session with Corpay, hear insights from a former FBI Special Agent and current fraud operations leader. You’ll walk away with a clear picture of how modern fraud schemes target schools, what real attacks look like, and a practical checklist of steps you can implement immediately to protect your institution.
What You Will Learn
- The fraud schemes most commonly used to target school business offices, including BEC, vendor impersonation, and account takeover
- Real-world examples of how these attacks unfold and where schools are most exposed
- Practical, immediate steps to reduce your school's fraud risk
- How to recognize the warning signs before a fraudulent transaction goes through
Presenters
Keith Krass
Head of Sales, Business Office
Veracross
Robert Cochran
VP of Fraud and ACH Operations
Corpay
Watch The Replay