Around the Net
CEO Email Scams Cost U.S. Companies $246M in 2015
- On the Wire, Wednesday, May 25, 2016 3:48 AM
U.S. companies lost more than $246 million to CEO spam in 2015, more than any other form of digital fraud including phishing and credit card fraud. These highly targeted emails, in which scammers mask themselves as a executives in a company, have tricked many well-meaning company employees, who transferred money because they thought they were doing it for their boss.
