Manually verifying payment instructions is risky and inefficient

Digitization of push payments (wires, RTP, crypto, and more) greatly increases the threat of hijacked payments.

You’re trying to fund an investment, distribute to an LP, or pay an invoice. But a fraudster uses the recipient’s email account to impersonate them –
and get the money! These attacks, known as business email compromise (BEC), are happening every day.

FBI statistics show that confirmed losses from BEC in 2021 were $2.4B with $8.4B in exposed losses. This is only a fraction of the real amount because not all losses are reported.

Projections indicate that BEC losses will accelerate, as more and more transactions are handled electronically.

There have been a spate of terrifying recent examples; venture capitalists, sports teams, and homeowners have all suffered losses.

Conventional measures can’t handle the problem

Email filtering does not stop BEC.
Phone calls to confirm are inconvenient, often skipped, and hard to do securely.
Secure email isn’t.

Fortunately, there is a solution

Walrus’s DoubleCheck platform defends against these sophisticated attacks

Get started

To evaluate if DoubleCheck is right for you, please submit the form below; we will contact you within 24 hours. As part of the conversation, we will help assess the risks in your payment processes.

Don’t wait until you’ve been hit.