CEO fraud is a scam that cybercriminals use to trick employees into transferring money or providing them with confidential company information.
The cybercriminal often uses the CEO’s email account — or an email address that looks very similar to the CEO’s — to trick an employee into revealing sensitive data or transferring money.
Losses to this type of scam typically can range from tens of thousands to millions of dollars.
CEO fraud is a growing global threat to businesses and organizations of all sizes.
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