You work in finance. You get an email from your CEO addressing you by your first name, apologising for the late Friday email, but requesting you make an urgent payment to a regular supplier, with account details helpfully provided in the email. You’d pay it, right?
CEO fraud is an increasingly common type of phishing attack, where a threat actor impersonates a senior executive, and attempts to coerce an employee into transferring funds or personal information to the attacker’s account.
The average cost of this attack has risen to £35,000, but how do they keep getting away with it? Check out the latest advice from Corvid: