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Sector brief

Invoice Fraud in European Logistics

How thread-hijacking operators exploit the structure of freight settlement, and why conventional phishing training does not catch it.

Published
Length
22 pages
Written for
Finance, treasury and security teams in logistics and manufacturing

Headline findings

  1. 01

    Fraudulent messages arriving inside genuine threads bypass the 'unexpected email' heuristic that most awareness training depends on.

  2. 02

    The window between mailbox compromise and the first fraudulent invoice averaged eleven days — long enough to detect, if anyone is looking.

  3. 03

    Controls that verify bank-detail changes out of band prevented loss in every case we examined where they were actually enforced.

These are the conclusions in full. The report itself carries the methodology, the sample, the caveats and the underlying data.

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