Manufacturing firms manage complex vendor networks and high-value purchase orders. One compromised vendor email can redirect millions in payments. Vericor verifies vendor requests in 3 seconds—before you update bank details or process invoices.
Lost by a European manufacturing firm in a single CEO impersonation attack
Of manufacturing firms experienced vendor fraud attempts in 2024
Average verification time with Vericor
Attackers compromise vendor email accounts and send legitimate-looking invoices with updated bank account details. Manufacturing firms process hundreds of vendor payments monthly—one compromised account can redirect millions before detection.
Real Example:
"An automotive parts supplier's email was compromised. The attacker sent updated ACH details to 12 manufacturing customers. One firm processed $1.7M in payments over 6 weeks before the real vendor noticed missing payments."
Attackers impersonate procurement managers or suppliers to create fraudulent purchase orders or redirect shipments. In high-volume manufacturing environments, fraudulent POs can blend in with legitimate orders—especially during peak production periods.
Real Example:
"A manufacturer received a PO for $890K in raw materials from a spoofed supplier email. The domain was one character off (supplier-inc.com vs supplier-lnc.com). The fraud was only caught when the real supplier called about a late payment."
Attackers impersonate C-suite executives to request urgent payments or vendor changes. In manufacturing, these requests often cite supply chain disruptions or expedited orders— creating urgency that bypasses normal verification procedures.
Real Example:
"An aerospace component manufacturer received an email from their 'CFO' requesting an urgent $2.1M payment to a new supplier for critical parts needed to avoid production delays. The email was sent from a lookalike domain during the CFO's known travel schedule."
When vendors request updated bank details or send invoices from new accounts, AP teams forward the request to [email protected]. Vericor checks sender authentication and flags suspicious changes—preventing account takeover fraud.
Procurement teams verify high-value POs or rush orders through Vericor before processing. Catches spoofed supplier emails and executive impersonation attempts without slowing down legitimate orders.
Supply chain managers verify unexpected requests for shipment redirections or payment terms changes. Protects against supply chain disruption attacks while maintaining vendor relationships and production schedules.
Finance teams verify urgent payment requests from executives before processing. Adds a 3-second gate that catches impersonation attempts without creating friction for legitimate urgent requests.
One prevented incident pays for 16+ pilot programs
(Based on $1.2M average loss ÷ $75K pilot cost)
Join manufacturing firms using Vericor to verify vendor requests and prevent payment fraud. Start with a free 30-day pilot—no integration required.