An Estimated $2.3 Billion Lost to CEO Email Scams

The FBI posted an alert earlier this week that said there has been a 270 percent increase in CEO fraud since January 2015.

In an article from KrebsOnSecurity, it states that the e-mail scams typically consist of a scammer sending a spoof message from the boss and tricks someone at the at the company or organization into giving out confidential information or wiring funds to the thief.

i3 Business Solutions will not go away on this issue as we are seeing a rise in new ransomware and phishing attacks.  Again, educate your employees!  Question all CC, bank, and financial email inquiries.  Verify any requests via direct phone call to your own known contact or phone number.  Question everything!

Mike Ritsema, Partner

 

Don'tBe Next

 

 


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Published with permission from TechAdvisory.org. Source.