Around the Net
Fake Email Scams Have Grown by 1300%
- The Wall Street Journal, Friday, June 17, 2016 10:58 AM
Fake business email scams, otherwise known as CEO spam attacks, have grown 1,300 percent since January 2015, according to the FBI's Crime Complaint Center. The report revealed that as of last month there were 14,032 victims of the scam in the U.S. alone costing more than $960 million. Spammers often impersonate real executives at a company, tricking employees into wiring money into fraudulent accounts.
