CEO Fraud is a ‘Billion Dollar Business Email Compromise’ scam in which cybercriminals spoof company email accounts and impersonate executives to try and fool an employee in accounting or HR into executing unauthorized wire transfers, or sending out confidential tax information.

 

 

Matt, a previous co-worker and friend sat down with our very own Anne-Marie of HI Tech Hui, to share a recent cyber crime story. Falling victim to CEO fraud when hackers disguised themselves as a vendor and provided altered ACH information. Take the time to watch the interview with Matt where we deep dive into a recent scam the company he works for faced.

 

 

ANY size company can be a target to this fraud. Maybe you’ve seen emails from someone appearing to be in your company, requesting you do them ‘a quick favor’, by sending them ten $25 gift cards to target to be used as customer gifts; or maybe you’ve got a story like Matt’s.

Contact us today to discuss ways to prevent this from happening to you!