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Identifying cyber risks. Spoofing is just one of many tricks businesses need to guard against. (Photo: Shutterstock)

A local business owner, the third-generation president of the company, recently walked into his office and the company’s chief financial officer proudly informed him that the $70,000 he wanted wired had been sent. The president said, “I didn’t ask you to wire $70,000.”

The CFO replied, “Yes you did, here’s the email.”

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