More than 400 businesses get targeted by CEO fraud scams every day, a new report by security researchers Symantec says. CEO fraud is a type of scam in which cyber-criminals target financial staff, often posing as CEOs or other executives, and request large money transfers. Even though it sounds too simple to work, its success rate is actually quite high, and relies mostly on putting financial staff under a lot of pressure through a sense of urgency, not giving them enough time to think things through. From those 400 daily targets, small and medium-sized businesses (SMB) are the biggest target… [Continue Reading]
Continue reading...
Continue reading...