CEO fraud

CEO fraud

And the impact of CEO fraud is significant. Technology company Ubiquiti Networks, for example, was swindled out of almost $47 million. Since the FBI’s Internet Crime Complaint Center (IC3) began tracking BEC scams in late 2013, it has compiled statistics on 7,000+ U.S. companies that have been victimized—with total dollar losses exceeding $740 million. And that doesn’t include victims outside the U.S., or corporate losses that went unreported.

Read more: https://www.privacyrisksadvisors.com/news/how-to-prevent-ceo-fraud/

Mitch Kalnajs

Part Time Financial Director

8 年

They can look *very* legitimate; twice I've received emails of this nature which, at first (and second, for that matter) glance, appeared to be from a CEO I work with. Only the syntax gave them away as fake. Only by examining 'Internet Headers' was I able to establish the *real* email address of the sender and this is something I was unable to do on my phone, where I first received the email.

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Chris Morris BSc, QTS

We help ambitious businesses achieve a great ROI from their social media marketing strategy so they can grow.

8 年

Looks legitimate ????

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