KYRIBA CASE STUDY How Kyriba Helped Prevent a Fraudulent $8M Payment CASE STUDY Fraud kyriba.com • 1-855-KYRIBA-0 The fraud attempt started with an email from the CEO. Fortunately, the treasury team at a leading real estate developer had worked diligently to establish effective payment processes that would reduce the risk of fraudulent or inaccurate payments. These policies included internal controls, information technology and dissemination, corporate culture and monitoring/compliance. A Credible Request The assistant treasurer received an email from the CEO requesting an $8 million wire to execute an acquisition of a UK target company. Given the confidential nature of the transaction, the email indicated that the assistant treasurer should not discuss the wire with anyone el

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