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Faking the CEO’s email
Author: admin

January 17, 2016

Posted in Fake | |

‘Insider spoofing’ or faking the CEO’s email address to trick the CFO into transferring millions to criminal bank accounts is big business. 

According to the FBI, between October 2013 and August 2015, 7,066 US businesses have fallen prey to ‘business email compromise’, netting criminals an estimated $747m.

Non-US victims lost a further $51m over the period, with the FBI estimating a 270 percent increase in identified victims since January 2015, when it first released figures about the threat category.

From <http://www.zdnet.com/article/now-microsoft-office-365-tackles-fake-ceo-email-spoofing-attacks/>