Cyber Card #03 – CEO Fraud aka Business e-mail compromise

Cyber Card
10 August 2019

This Cyber Card suggests practical tips to avoid falling victim to CEO Fraud, one of the most widespread cyberattack techniques.

The CEO or business email compromise scam is an increasingly effective and widespread online scam that causes financial damage, some of it very high, to the organization that suffers it.

The scam takes shape according to a well-known plot:

  1. an organization’s email account is compromised by a cybercriminal
  2. the scammer sends an employee an email that comes from a senior figure in the organization
  3. in the email, the scammer tricks the employee into making an urgent cash payment or sending sensitive information

It is important in such cases to defend oneself against fraud:

  1. Have a wise and cautious attitude
  2. Never act in an impulsive manner
  3. Verify the authenticity and legitimacy of the request
  4. Remember that pressure and urgency are often the first indicators of a scam

Keep following our Cards, you will find some simple tips to defend yourself against Cyber Crime!

SIGN UP FOR OUR NEWSLETTER

Related Articles

Cyber Card #27 – 6 passwords security tips

Cyber Card #27 – 6 passwords security tips

How many passwords have you had to create or update in the past year? Sometimes, we are forced to improvise something simple and easy to remember, but this can compromise our security. The World Economic Forum reported that an 8-letter password containing one...

read more
Cyber Card #26 – How to avoid cyber scams

Cyber Card #26 – How to avoid cyber scams

The use of digital devices is now an integral part of our daily lives. We rely on them and the services available online to carry out a wide range of activities. For this reason, it becomes increasingly important to be able to recognize potential scams, but above all,...

read more