Contents tagged with cyber fraud
By Gracie Awalt, Marketing Associate
Texas Medical Liability Trust
A small, rural hospital contracted with an emergency medical group for emergency department coverage. The group was paid monthly by electronic funds transfer, or EFT, from the hospital’s account to the ED group’s account.
In June, the hospital received an email invoice from the ED group with instructions to send payment to a new account. The hospital sent the $200,500 payment to the new account on July 10.more