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CEO Fraud (Whaling)
This Type of Attack is on the Rise
A Recent FBI Report Reveals Shocking Statistics
According to the Bureau, more
than two billion dollars was
lost to such scams in 2015
alone
Exponential increase this year in
attacks
Crucial Businesses understand
such crimes in order to
mitigate risks
How it Works
CEO fraud is a crime of impersonation.
Cyber criminals impersonate the CEO,
asking for money to be transferred
Employees are under the impression
they are following the CEO’s
instructions
CEO Fraud Method, Attacks and Scenarios
Double Phishing. Attackers
compromise the CEO’s mailbox,
then send an email to employees.
Lost/Stolen Devices. Unsecured media
can compromise security
enormously.
Mock Accounts. Attackers create a
similar email in the hopes it tricks
the employee.
Safeguarding Against CEO Fraud
Creating a Company Policy for
Verification of the CEO, or indeed
any caller requiring financial
transactions.
User education on these dangers. What
to look out for, how to confirm.
Investment in Security Solutions, IPS,
Mail Filtering
Develop a mature Security Strategy
Need Assistance or Want to Know More ?
You can learn more about how employees
are a threat to your business in terms of
CEO Fraud by reading the full article here.
If you want to learn more about advanced
mobile security threats and how to protect
your organisation, click here , comment in
the boxes below, call us on 0203 3193 930 or
email neil.kemp@networkandsecurity.co.uk

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CEO Fraud is on the Rise

  • 1. CEO Fraud (Whaling) This Type of Attack is on the Rise
  • 2. A Recent FBI Report Reveals Shocking Statistics According to the Bureau, more than two billion dollars was lost to such scams in 2015 alone Exponential increase this year in attacks Crucial Businesses understand such crimes in order to mitigate risks
  • 3. How it Works CEO fraud is a crime of impersonation. Cyber criminals impersonate the CEO, asking for money to be transferred Employees are under the impression they are following the CEO’s instructions
  • 4. CEO Fraud Method, Attacks and Scenarios Double Phishing. Attackers compromise the CEO’s mailbox, then send an email to employees. Lost/Stolen Devices. Unsecured media can compromise security enormously. Mock Accounts. Attackers create a similar email in the hopes it tricks the employee.
  • 5. Safeguarding Against CEO Fraud Creating a Company Policy for Verification of the CEO, or indeed any caller requiring financial transactions. User education on these dangers. What to look out for, how to confirm. Investment in Security Solutions, IPS, Mail Filtering Develop a mature Security Strategy
  • 6. Need Assistance or Want to Know More ? You can learn more about how employees are a threat to your business in terms of CEO Fraud by reading the full article here. If you want to learn more about advanced mobile security threats and how to protect your organisation, click here , comment in the boxes below, call us on 0203 3193 930 or email neil.kemp@networkandsecurity.co.uk