ceo fraud is on the rise
TRANSCRIPT
CEO Fraud (Whaling)This Type of Attack is on the Rise
A Recent FBI Report Reveals Shocking StatisticsAccording to the Bureau,
more than two billion dollars was lost to such scams in 2015 alone
Exponential increase this year in attacks
Crucial Businesses understand such crimes in order to mitigate risks
How it WorksCEO fraud is a crime of
impersonation.
Cyber criminals impersonate the CEO, asking for money to be transferred
Employees are under the impression they are following the CEO’s instructions
CEO Fraud Method, Attacks and ScenariosDouble Phishing. Attackers
compromise the CEO’s mailbox, then send an email to employees.
Lost/Stolen Devices. Unsecured media can compromise security enormously.
Mock Accounts. Attackers create a similar email in the hopes it tricks the employee.
Safeguarding Against CEO FraudCreating a Company Policy for
Verification of the CEO, or indeed any caller requiring financial transactions.
User education on these dangers. What to look out for, how to confirm.
Investment in Security Solutions, IPS, Mail Filtering
Develop a mature Security Strategy
Need Assistance or Want to Know More ?You can learn more about how employees are a threat to your business in terms of CEO Fraud by reading the full article here.
If you want to learn more about advanced mobile security threats and how to protect your organisation, click here , comment in the boxes below, call us on 0203 3193 930 or email [email protected]