Guard your Company Against Fraud

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New reports of major project security breach have swarm the internet after a shipping company with offices in Limassol claimed that over half a million dollars was swiped away from one of its logistics transactions.

Early reports suggest that the hackers misled the employees into thinking that they are representing their fuel supplier client and persuaded them to deposit the payment into an account in Poland rather than the one initially agreed upon.

Roughly $644,000 was taken and authorities have already requested the money be frozen while investigation is underway.

The cost-effectiveness of every company largely depends on efficient operations and secured transactions. Though it is a huge task to entirely protect your system from professional hacking teams, instigating security procedures can undoubtedly decrease the likelihood of your system being hacked.

This is why X2 Group has developed the X2 Pay. X2 Pay is a unique company-to-company financial transaction system intended specifically to facilitate instantaneous payments between members of the X2 Group.

Launched in July, X2 Pay is exclusive for X2 Members only. It decreases transaction costs between members while simultaneously providing speed and maximum security in every operation.

Whether you are operating a minor business or a huge corporation, data loss and security breach can be a major setback. Hence, use the right tools, implement security measures, execute protocols and make sure to transact with the right agents. Above all, awareness and action can be your best solutions against fraud risks and vulnerability.

Read X2 Elite blog and be informed!

Member Testimonials

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X2 always thrives on raising the bar when it comes to connecting people. X2 conferences are one of a kind! As the founding member, we are happy to be in X2 Elite and the X2 Projects Network.
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"We believe in limiting memberships to a minimum and have found our home for projects as well as general cargo within the X2 family."
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I've been in the business for over 30 years, I have never had or experienced such and effort by the management team of the network to get members to participate and make their membership work for them.
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The professionalism and organisation shown from the X2 team totally blew us away.
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Richard is an innovator, what I find great working with him is that he can see the future.
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I was positively surprised from the amazing organization and specially the commitment of all X2 Team making this event incredible for everybody and in all complete fields.
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We have to skip the networks that are founded only for the benefits of the founders Quality and not quantity.
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We found the best way to build trust is to go to the conference and meet with people, talk to them and get to know them.
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As a new member of the X2 Network, we are very impressed by the organization and its professionalism and focus on mutual business development. X2 has already given us some great opportunities to work with likeminded partners across the globe on both project and general cargo.
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Great energy and drive throughout the X2 Team and high profile Network agents to complement each other’s business across the globe and help achieve positive results. Keep up the good work!
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X2 is like a family! We have met so many amazing partners. There has been so much success with the relationships we have developed throughout the years and most importantly friendships that will last a lifetime. And we love the networks' reach!
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We have been a member of X2 since 2014 and have attended six conferences. Richard and his passion for the network with his enthusiastic team have arranged all the conferences perfectly considering every single detail. We made many friends and found new global partners to work with at the conferences. X2 is one of the good solutions for our needs and we hereby thank them for their efforts.
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I have attended a lot of networks and annual meetings in the freight industry, but I have never come across a network like X2. This is another level. It is a pleasure to be a part of the X2 network - the professionalism, the attention to detail, the broad and knowledgeable staff - everything at the highest level.
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X2 is really an excellent logistics network, with a well-organized team that is always thoughtful and helpful. We are happy with X2 and expect a long journey together.
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"At X2 Network we found a group of partners that really want to build a long-term relationship. Companies are run by people that really care about your business and success. X2 Team has been really supportive and very active to develop new opportunities for your business''.

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