Wire fraud quietly happens all around us. Here are a few costly examples
About 80% of U.S. companies say they have been hacked by opportunistic cybercriminals who don’t need to change their playbook because vulnerable processes remain the norm.
Wire money with confidence.
1 in 4 companies are targeted for wire fraud.
Avoid financial loss by exchanging wire info using our blockchain-based web platform.
Learn More
The Wire Fraud Crisis
Traditional methods of communication leave your business exposed to wire fraud.
Compromised Emails
Using email to collect and share wire info is risky. Accounts are easily hacked, and cybercriminals patiently monitor waiting for the right time to strike.
Risky Legacy Procedures and Data Storage
Manual security procedures are not always followed, leaving traditional data storage vulnerable to hacks. Password reuse is common and use of two-factor authentication (2FA) is not guaranteed.
New Technologies
The rise of AI-voice mimicking makes phone call verification less secure.
Wire Fraud Is The Second-leading Cyber Crime
Liability risks are everywhere and your clients' funds are at constant risk.
Source: D. Howard, Wire Fraud Is An Epidemic: Take These Three Steps To Protect Your Company From CybercriminalsWire Fraud Has Grown 30% Annually
$10+ billion is lost to cybercrime in the United States annually.
Source: FBI, Internet Crime Report (FBI, 2017-2022)80% of U.S. Companies Have Been Hacked
Email systems are easily compromised by opportunistic hackers.
Source: Duke FUQUA, More Than 80% of Firms Say They Have Been Hacked The existing ways to collect and share wire info are increasingly insecureWhat Is WireVault?
A web app leveraging blockchain for best-in-class security. It’s easy to use and requires no integrations.
Automated Process
Replaces emails and phone verification with security protocols that can’t be skipped. Eliminates human error and streamlines workflows.
Easy Implementation
No integrations or implementation fees. Sign up for a free account and start collecting and sharing wire info securely.
Blockchain Security
Wire info is stored on a tamper-proof, private blockchain that ensures only authorized access at every step; protects data from collection to execution.
Reduce Liability
Enhanced cybersecurity measures, fully auditable processes, and insurance coverage up to $5,000,000 raise your standard of care.
How it works
Transform Your Wiring Process
Automate how you collect and share wire info to ensure that it’s secure and efficient.
1
Collect
Gather and organize sensitive wire info with real-time notifications, ensuring every step is monitored and secure.
2
Store
Utilize our private blockchain to keep wire info safe, protecting data integrity and preventing any unauthorized changes.
3
Share
Grant permission to authorized users to securely view wire info and complete transactions with full confidence and traceability.
Find a plan for your needs
Plans are based on how many wires you send and the number of users you need.
Free
$0
/month
Share unlimited deposit info
Collect payment info: 1x/month
1 user
Starter
Pro
Custom
$79
/month
Recommended
Share unlimited deposit info
Collect payment info: 3x/month
1 user
Learn more about WireVault
‘Night and day’: How WireVault is alleviating wire-transfer worries about one law firm
Rupp Pfalzgraf Controller Terry Kosmowski used to leave the office a bit anxious after a day’s work — particularly when that day involved any transferring of funds via wire.
In the press: John Gavigan's latest startup challenge takes on finance fraud
“Of all the things I’ve done in my professional life, this is without a doubt the hardest,” Gavigan told The Buffalo News, “but it’s also the most rewarding.”
From inspiration to solution: A simple safeguard against payment fraud
Dennis Vacco didn`t need any more food for thought. As he sat down for dinner with CrediVault CEO John Gavigan to discuss ways to use the blockchain technology ...
Our Blockchain Technology
WireVault is built using the most stable and current version of Hyperledger Fabric, an open-source, enterprise-level, private blockchain.
Private
Only those vetted and granted permission can validate the information on the blockchain.
Encrypted
Information on our blockchain can only be decrypted by peers with the consent of WireVault.
Distributed
The blockchain is a shared database, protected by peers on the network.