Payment fraud & business email compromise
CEO fraud, invoice fraud and compromised mailboxes against the payment process — stopped by verification rituals and dual authorisation.
4 threats 13 barriers 3 consequences safety-critical barriers marked
Use this template free. Copy “Payment fraud & business email compromise” into your own workspace and adapt every barrier — no credit card.
Start free with this template →Threats & preventive barriers
Each threat is a credible pathway to the top event; its barriers interrupt that pathway before control is lost.
Spoofed executive email demands an urgent transfer
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Email authentication (DMARC) & spoof banners
Active hardware · 80% effective · Owner: IT Operations Manager
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Fraud-awareness training for finance staff
Behavioural (human) · 65% effective · Owner: CFO
Urgency and authority pressure override doubt
📅 Fraud-scenario refresher · semiannual keep-alive task
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Out-of-band verification of urgent requests ★ critical
Socio-technical · 85% effective · Owner: Finance Controller
Compromised supplier mailbox sends new bank details
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Call-back verification of bank-detail changes ★ critical
Socio-technical · 88% effective · Owner: Accounts Payable Lead
Call-back uses the number from the fraudulent email
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Four-eyes change control on supplier master data
Socio-technical · 80% effective · Owner: Finance Controller
Compromised internal finance account
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MFA on finance and banking systems ★ critical
Active hardware · 90% effective · Owner: IAM Lead
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Anomaly monitoring on payment runs
Continuous · 70% effective · Owner: Finance Controller
Fictitious invoices for goods never delivered
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Three-way match (order, receipt, invoice)
Socio-technical · 85% effective · Owner: Accounts Payable Lead
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Vendor onboarding due diligence
Socio-technical · 70% effective · Owner: Procurement Lead
Consequences & recovery barriers
Once the top event happens, recovery barriers limit each consequence.
Funds transferred to mule accounts
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Dual authorisation on payment runs ★ critical
Socio-technical · 85% effective · Owner: CFO
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Rapid bank recall & freeze procedure
Socio-technical · 60% effective · Owner: Treasury Lead
📅 Payment-fraud response drill · semiannual keep-alive task
Repeat fraud once the method is proven
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Post-incident control review & hardening
Socio-technical · 75% effective · Owner: Internal Audit Lead
Audit findings and insurance disputes
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Fraud insurance with documented controls
Socio-technical · 65% effective · Owner: CFO
Copying this template gives you a fully editable bowtie: barrier owners arrive as role suggestions, escalation factors sit on their barriers, and keep-alive activities are scheduled from the moment you copy. New to the notation? Read what the bowtie method is or browse the practical guides.
Use this template free. Copy “Payment fraud & business email compromise” into your own workspace and adapt every barrier — no credit card.
Start free with this template →