Case Study Hylant Risk Management CYBER CRIME Challenge An employee at a large manufacturing company received what appeared to be a routine email from the company’s philanthropist president. It included a request for a $21,000 wire transfer to the accounting department. Emails were exchanged between the accounts payable department and the email sender, and the funds were ultimately transferred. Three weeks later, a similar request was submitted, this time for $98,000. Accounting advised the CFO, who called the president to confirm the request. The president said she had not sent the request. When the CFO asked if she had sent the prior request for $21,000, the president said she knew nothing about it. Resolution Hylant was informed of the fraudulent activity, whic

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