Wire Fraud in Construction: The Fake Payment Email That Costs Firms Six Figures
A fake “we changed banks” email can cost a construction firm six figures. How wire fraud works, how to stop it, and what to do if you are hit.

A fake “we changed banks” email can cost a construction firm six figures. How wire fraud works, how to stop it, and what to do if you are hit.

Construction is a top-three ransomware target and climbing fast. Here is how attackers get into AEC firms, what they steal, and the basics that stop them.

Shared logins, passwords on sticky notes, and no MFA are common at small AEC firms. This explains why it matters and what to do about it without making everyone’s life harder. First, credit where it is due You have passwords on everything. You are getting the work out the door. That counts for something, and…

Your team is pasting specs, client emails, and project details into AI tools to work faster. It feels harmless — but those details can leave your firm’s control without anyone realizing it. Someone pastes a chunk of a spec into ChatGPT to summarize it. Someone drops in a client email to clean up the wording….

Fake Autodesk invoices, impersonated vendors, and wire fraud requests are aimed at small AEC offices specifically. Staff don’t recognize them because they look legitimate. The email looks normal. An Autodesk invoice that needs paying. A note from a consultant you work with, asking you to update their bank details. A quick message from the owner:…