• ABC News, Wednesday, November 13, 2013 5:09 PM

Scammers are sending emails to executives pretending to be the CEO of their company in order to solicit personal details. These phishing emails look like they are coming from the boss, but they are not. "Someone will spoof an email to the CFO or controller and it will purport to be from the CEO," Christopher Novak, managing principal and security expert at Verizon Business told American Banker. "The email will say something like, we need to sponsor this event or pay this vendor, it’s urgent and I need you to wire $100,000 into this account immediately, we’re already 30 days late. Because it’s from the CEO, other staff will expedite the request."

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