This is the second installment in a series where we look at the various fraud schemes available to those who might do you or your business harm.

Technology is constantly evolving as industry experts find new and improved ways to do things.  They have brought us banking by phone, transfers via texting, and mobile payments by Square.  Even before these technologies became globally available, we were making on-line payments using service providers such as PayPal, SecurePay and Authorize.Net. As technology has evolved, the question you need to ask is–have my internal controls evolved, as well?

Take PayPal, for instance.  PayPal provides individuals […]