$2,4 billion damage: When the wrong CEO requests money
According to the FBI, CEO fraud is the most costly online scam, with fraudsters causing a total of $2021 billion in damage in 2,4. Here, a scammer requests a high referral from a company employee through the CEO's channels or with the identity. ESET shows how companies can get a grip on the threat. When it comes to IT security, people are usually the weakest link in the chain - this also applies to social engineering, a form of phishing. CEO fraud, a variant of social engineering, has caused more damage to victims in 2021 than…
