There is a scam being perpetrated that tricks personnel in companies to wire large sums of money to the scammers. This was noted in a July 29, 2015 Wall Street Journal article and by an FBI agent in a recent financial institution conference I attended. The scammers exploit weakness in e-mail systems and human error. They apparently send e-mails to personnel in a company that originate wires that appear to be from a superior or other person that authorizes wires. The wires are sent to the scammers account and the money is gone. These are typically relatively large amounts too. Companies that originate wires should review and adapt their controls, inform relevant personnel about the scam, and ensure rigor in processes and controls. Financial institutions should do the same, remain vigilant in their processes and controls, and make sure customers are aware of the risk from the scam.