The CEO Fraud: The Latest Trend in Cybercrime

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Cybercriminals have engineered a new scam using corporate mail, which is known as “CEO scam”.

An alleged senior manager of the CEO orders a finance worker to make a transfer to a foreign bank account. When the company realizes the deception, the money has already disappeared.

According to the FBI, it has cost businesses around the world more than $ 2 billion in just over two years.

The FBI warns companies that they should be more cautious with their information, even if it means adopting new measures that are not profitable.

Via: El Economista

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