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Effective Ways to Avoid the Threat of Invoice Hijacking




Invoice hijacking is a form of invoice fraud where a scammer will send a fake or doctored invoice to a supplier’s client with the aim of having the payment made to them instead. These scams can look incredibly convincing and result in over $12.5 billion in losses around the world annually. That’s a lot of people getting taken in and losing a huge amount of money.

Let’s take a closer look at this type of fraud and how you can avoid invoice hijacking.

The Most Common Types of Invoice Fraud

A fraudulent invoice is designed to look like an authentic invoice and it aims to ensure that the recipient doesn’t realize that it’s altered—or isn’t meant to exist in the first place. However, there are many ways that a scam artist can go about doing this.

The two most common methods of fraud are:

A Change of Bank Details

This is quite a simple scam. The scam artist sends an email to a stolen database to let those clients know that banking details have been changed and all invoices that are outstanding should be paid into the new account.

With this method of invoice fraud, the scam artist doesn’t even need to have access to the original invoice. All they need is access to the supplier’s list of clients either by hacking their email server or by watching the deliveries they make.

Fake New Suppliers

This one is less invoice hacking and more simply invoice copying. The scam artist creates fake invoices that look like they come from a supplier that the company or individual uses, but is for a service or product that was never bought.

The scam artist then usually puts pressure on the recipient in the form of threatening legal action because the payment is overdue. The idea is that the recipient panics, thinking they’ve somehow missed the invoice, and pays it without asking too many questions.

How to Combat Invoice Hijacking

While it’s almost inevitable that someone will try to hijack your business invoices or send you a fraudulent invoice at some point, there are plenty of ways to mitigate potential problems. It’s all about being alert and putting the right types of communication in place.

1. Always Rely on Human Interaction

Human interaction is your best line of defense against invoice hijacking. If you’re a supplier and you regularly send out invoices, make sure that you keep good lines of communication open with your customers.

On the other hand, if you get invoices sent to you from suppliers, make sure that you double-check with them if anything seems different or odd. A quick phone call to confirm that your supplier has changed their banking details will save everyone a lot of headaches.

If you’re worried about a scam you can verify the information by using contact information not supplied in the email that accompanied the invoice. If you click on the link to the website or call the telephone number in the email you received with the potentially fraudulent invoice, you’ll likely get directed somewhere that the scam artist can control. Rather, refer to a past email and use those contact details instead.

2. Focus on Email Security

This goes for suppliers and clients. Scam artists can hack into an email server and monitor the comings and goings of invoices, making it far easier for them to hijack those invoices and commit fraud. They can also then make the email sending the invoice look completely legitimate when they can access the supplier’s email server.

The best way to combat this is to set up two-factor, or even multi-factor authentication, on all email accounts in your business.

3. Look after New and Once-Off Purchases

The easiest place for a scam artist to commit invoice fraud is in a once-off transaction or with a brand new interaction between a supplier and client. This is because the client is very unlikely to spot a change in banking details or an email address and contact details that might be incorrect. The client will also be loading banking details or making an online credit card payment to an entirely new supplier—whether it’s the correct supplier or the fraudulent one.

It’s so important when paying a new supplier or a once-off client to double-check that the payment details are correct. On the client side, if there is any doubt, take the time to call the supplier using contact details you know to be correct.

4. Automate Your Invoice Management

On the supplier side, this is a great way to prevent invoice hijacking for suppliers. Numerous accounting software programs allow you to generate and send accurate invoices directly from your accounting system to your clients. This eliminates manual processing and reduces the opportunities for scam artists to sneak in and commit fraud. Using the same invoice template also sets a precedent with clients who then know exactly what your billing documentation looks like and are more likely to spot any changes.

There are also plenty of ways that artificial intelligence (AI) or a smart authentication protocol (AP) can be deployed to help combat invoice fraud for suppliers and clients. On the one hand, if you have several suppliers that you receive invoices from regularly, you can use AI to monitor your incoming invoices and look for discrepancies against details you’ve verified. The system will flag any issues before payments can be made.

Using an AP can do something similar and actively filter invoices sent and received, as well as payments made and received. Those with anything suspicious or different about them will be sent to the appropriate people to check the invoice and approve it if all seems right to them. You then have a record of who approved invoices and payments.

Final Thoughts

Invoice hijacking is an ongoing problem and it’s even been described as an epidemic. But if you know what to look for, you have the best chance of preventing it. The more awareness around the topic, the less chance scam artists have of forging or faking invoices and laying claim to funds they didn’t earn in the first place.

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Pros and Cons of Cryptocurrency




Cryptocurrency inspires passionate opinions across the spectrum of investors. Some view it as the future of money and investing, while others see it as high-risk speculation with more than its share of problems. Here, we’ll explore both sides of the argument to help you decide if cryptocurrency is right for you.

Of course, if you want to invest in crypto or become a trader, or are interested in crypto in any other way, you should first get enough information on this topic so as not to lose your money. So, if you’ve decided to buy ethereum (EHT) on changelly, you should first do your research to be sure that this will actually bring you profit. Thus, your funds will always be safe and you won’t appear in debt.

Advantages of Cryptocurrency

Cryptocurrency has several potential advantages, including:

  • Global and easy to send: Transactions can be made 24/7, and because they’re digital, there are no cross-border issues or fees. An investor can always find a platform to sell or exchange their coins if there is an available internet connection.
  • Decentralization: Cryptocurrency is not subject to government or financial institution control. At the same time, they are available in many countries, which makes them easy and comfortable to possess.
  • Private and secure: Transactions made with cryptocurrency are generally irreversible, which protects sellers from fraud. In addition, personal information is not required to make a transaction, further increasing security. Many people value this anonymity and prefer digital coins over any other payment method.
  • Low transaction fees: Because there are no intermediaries, such as banks or credit card companies, cryptocurrency transactions have very low fees. This is a big advantage over traditional methods, such as wire transfer, which can have high fees (sometimes up to 10%) or more.
  • It might be the currency of the future: With the development of technology, it is possible that cryptocurrencies will replace traditional fiat currencies in the future. If this happens, it could mean big profits for investors who get early.

Disadvantages of Cryptocurrency

Cryptocurrency also has several potential disadvantages, including:

  • Volatility: The prices of cryptocurrencies are highly volatile and can fluctuate widely. This means that investors could potentially lose all of their investment, or even see it increase significantly. However, this is true for many types of investments so, it is not something that is inherent only to cryptos.
  • No regulation: Cryptocurrencies are not currently regulated by any government or financial institution. This could change in the future, but for now, it means that there is little protection for investors if something goes wrong.
  • It is still new: Cryptocurrencies are a relatively new asset class, and as such, they are not well understood by the general public. This lack of understanding could make it difficult to find buyers or sellers when the time comes to sell.
  • It is not always accepted: While some businesses do accept cryptocurrencies, many do not. This means that investors may have to convert their coins back to fiat currency in order to make a purchase. This conversion process can be time-consuming and expensive.
  • Negative impact on the environment: Cryptocurrency mining consumes a lot of energy. For example, Bitcoin mining is estimated to use as much electricity in a year as the entire country of Argentina. If cryptocurrencies continue to grow in popularity, this could have a negative impact on the environment.
  • New assets are untested: When new assets are introduced, they are untested and unproven. This means that there is a higher risk that they will not succeed. This is why it is important to do your research and invest in assets that you believe have great potential.

In Conclusion

So these were some of the pros and cons of cryptocurrency. We hope that this article helped you in understanding it better. If you are someone who is looking to invest in Bitcoin or any other digital assets, do your own research before taking the plunge. Cryptoassets are a high-risk investment and you can lose a lot of money, so always be sure that you can afford to lose your investment before buying any coins. However, if you dig deep into this market, your future profit may be worth any initial losses. So it’s all up to you!

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What Does a Real Estate Attorney Do?




If you’re buying or selling a piece of property, you should probably hire a real estate attorney to help. In fact, many states require an attorney to be present at closing. Even if yours does not, it is always a good idea to have an attorney present on your side.

They will review all paperwork in advance and advise on any problems or omissions with the documentation. Many are available for service by appointment only, so it is important that you give yourself enough lead time to make an appointment before your closing date. A lawyer can also provide advice about whether or not you need title insurance, as well as assist you with preparing your mortgage documents.

What Real Estate Law Covers

Real estate lawyers specialize in the area of real property law. They represent buyers, sellers, landlords and tenants who are involved in real estate transactions. They also provide legal advice on issues such as zoning laws and property tax regulations. Real estate law encompasses the purchase and sale of land, meaning anything attached to the property or structures may be under the purview of real estate attorneys. These may include appliances and fixtures. If a client wants advice on how to sell their house quickly or buy one at auction, an attorney is their best resource.

The Attorney’s Responsibilities

Real estate attorneys are experts in preparing and reviewing documents relating to the purchase of a house or commercial property. They also advise clients on the laws of real estate transactions and know how laws vary between states, counties and cities. If you’re planning on buying or selling a property, a real estate attorney can help you navigate what could be a confusing process.

For most buyers, the purchase or sale of a property is likely the largest financial transaction of their lifetime. The role of a real estate attorney is to take the confusion and anxiety out of property law, providing peace of mind and assurance to their clients. A real estate attorney can handle details such as reviewing contracts, transferring funds, performing title searches on the property, and negotiating with other parties if necessary. In addition, real estate attorneys can help resolve disputes regarding title insurance policies or chain of title issues.

Real estate attorneys may also provide legal representation for either a buyer or a seller when a dispute winds up in a courtroom. This may mean hiring a surveyor or title company to work through the details. You can trust our real estate attorneys to help you protect your investment and improve your business by offering comprehensive legal solutions for all of your real estate needs.


A real estate lawyer is someone who has earned a law degree and passed the state bar exam to practice law in a particular state. To become a real estate attorney, you will need to first earn a bachelor’s degree at an accredited college or university and then complete three years of law school.

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What Makes You Stand Out: How to Set up a Resume Writing Service?




Resume writing services are a powerful supporting tool for people who want to craft a winning resume, change their life and step up their careers. Such services are there to turn one’s set of skills and accomplishments into an engaging and bot-beating resume that will serve the applicant well. Although there are many players in the market of such services already, one can still find space for their brand new enterprise. If you want to kickstart such a business of your own, here are the tips you will find useful.

Why start a resume writing company

Like many online businesses out there, resume writing can bring you profits relatively quickly. Its profitability is proportionate to the expansion of the job market that thousands of potential employees enter every day. The more positions and professions are in demand, the more job seekers will be out there with their expertise to offer. Thus, building a business and hiring writer for professional resume writing services is a prosperous business idea. Just like the job market itself, it will grow with the right approach. If you are eager to try this business, keep in mind the following steps.

How to set up a resume writing service in several steps

A resume writing business is quite similar to any other kind. Naturally, you need to build your strategy around the needs of your target audience and the conditions in the market. Start with the basics and move on to expand your organization so your clients can get more interviews and bring up more customers based on their recommendations.

Create a business plan

Any business starts with a plan, and resume writing is not an exception. This stage requires the business to define what exactly they sell, how they position their service, and what pains of their clients they want to ease. Essentially, a business plan starts with your vision of the product and the expectation from customer experiences consequential to using your service. This part of the preparation is your homework on how you want to sell, work, and compete. Create a SWOT analysis for your project and come up with the business model you are about to build.

Study your competitors

Resume writing companies are not news today. If you want to enter the competition, you need to study the companies that already provide services for people who apply for new jobs. It is worth spending some time on research and classification of your competitors. Pay attention to the services they offer, how they market them, and what journey their users make. Try making a few orders from such services to pinpoint their strengths and weaknesses to use the observations to your advantage in the future.

Develop a portfolio

It is hard to sell services if you do not have anything to show to your clients. Thus, the initial stage of work will be dedicated to creating the portfolio rather than working on clients. To craft an appealing portfolio, one must showcase their writing skills at their best. Make sure the samples in your portfolio are diverse and can communicate that you can help with an application for any profession, as well as provide all the materials necessary to make it successful. In the portfolio, go for the samples that you are proud of.

Research your audiences

Almost every person that uses the help of a resume writing service has aspirations and goals they want to achieve. To win the love of your customers, you need to understand their motivations and expectations. On top of that, your service must understand the hiring process from the employer’s perspective. Ultimately, they are the ones making the hiring decisions. If you are familiar with people who order your resumes and people who read them, you have all the chances to succeed.

Come up with the right marketing.

Based on what the audiences expect from the service, you need to create the whole communication and marketing strategy. Make sure to craft the right message and repeatedly communicate it in your marketing. The more relatable and appropriate for the market the advertisement is, the easier it is for customers to resort to your career resources. Take time and budget to invest in marketing.

Maintain the expert persona

When people order a resume from service, they expect it to be completed by a career advice expert. Thus, a business must maintain such expertise in its communication. This expertise must be manifested in the content of your website, questions you ask your clients about the order, and interpersonal interaction with the employees. For example, it is a good idea to post relevant content with tips for people looking for a job or trying to switch. Become a trustworthy resource of career consultation to increase trust in your company.

Keep up with your market.

The job market is an extremely vibrant environment. Every day, new ways to track applications and choose candidates emerge. In these conditions, a resume service must be the first to know about that. If you are concerned with the question, ‘how to set up a resume writing service,’

research the applicant tracking process in detail and learn how ATS bots work to provide the best service possible. If you keep up with the technologies in this market, you can use every applicant tracking system to your advantage and help your clients apply successfully.

The bottom line

Just like any other company like Resume Genius, writing a business starts with a plan. Preparations to create a company may take some time. However, the more detailed plan is crafted, the easier it will be to enter the market. Naturally, the main focus of such a business is the customer and the problems it solves for them. So, if you wonderhow to set up a resume writing service, start with the research. Once you know enough about your audience, you can develop a portfolio and approach new clients to help them. As long as you keep up with the industry, your business will bring profit.

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