People who work in large corporate settings where things like this are a risk, do you have any existing rules or standardized best practices for how to minimize the risk?

People who work in large corporate settings where things like this are a risk, do you have any existing rules or standardized best practices for how to minimize the risk?

https://twitter.com/RichardHanania/status/1754257428198416393

Multiple approvers and approval thresholds per level (<50k, 250k 1m+ etc). Encoded in enterprise accounting software so enforced by software rules. This particularly scam was strange for cos the value should require multiple (at least 3 levels of approval. More potent scam is 1000’s of low value invoices submitted.