What Is CEO Fraud? CEO fraud falls under the umbrella of phishing, but instead of an attacker spoofing a popular website, they spoof the CEO (or another high-level executive) for the targeted corporation. Some CEO fraud includes social engineering, but most attacks are a collection of ...
Payroll diversion fraud.Using stolen email credentials, an attacker emails an organization's payroll or finance department requesting a change to direct-deposit information. Social engineering.Persuasion through psychology is used to gain a target's trust, causing them to lower their guard and take un...
Whaling (CEO fraud):these messages are typically sent to high-profile employees of a company to trick them into believing the CEO or other executive has requested to transfer money.CEO fraudfalls under the umbrella of phishing, but instead of an attacker spoofing a popular website, they spoof...
Many phishing attacks are conducted via email. As one of the most prevalent types of email fraud, you’ve probably seen some kind of phishing email in your inbox. Let’s find out what email phishing is and examine some of the most common scams. What is a phishing email? A phishing emai...
CEO FraudAlso known as whaling, CEO fraud is an ever more targeted type of spear-phishing where cyber attackers specifically impersonate the CEO of a company. This operation aims to convince employees to disclose confidential banking data, as well as login credentials and other sorts of private ...
What Is Phishing? Phishing is a common online scam designed to trick you into disclosing your personal or financial information for the purpose of financial fraud or identity theft. Here’s How It Works You receive an unsolicited email appearing to be from a legitimate company. A typical phishi...
Phishing is a type of Internet fraud that seeks to acquire a user’s credentials by deception. It includes theft of passwords, credit card numbers, bank account details and other confidential information. Phishing messages usually take the form of fake notifications from banks, providers, e-pay ...
Now the users’ credentials have been stolen, and are used to take over accounts. Attackers then use this information to commit fraud, hold information ransom, with the goal of financial gain. The common element among phishing attacks is the disguised identity of the attackers. In phishing attac...
CEO Fraud is a type of spear phishing that targets the leadership of an organization. The goal is to get the CEO of a company to authorize the transfer of large sums of money to the criminals behind the scheme. CEO fraud is part of a larger set of crimes called Business Email Compromise...
to the Federal Trade Commission (FTC) atspam@uce.govand to the Anti-Phishing Working Group atreportphishing@apwg.org. You may also report the attack to the FTC atftc.gov/complaint, to your email provider (e.g., Outlook or Gmail) and to the actual company that the email is ...