[Heads-up] U.S. Government: "Your Weak Cyber Security Violates Federal Law"

Reuters just made me aware of a U.S. Securities and Exchange Commission report about a recent SEC investigation of nine companies that had been victims of CEO fraud had sufficient ...

September 24, 2018 Stu Sjouwerman

Phishing Attack On Office 365 Account Leads To 3 Million CEO Fraud

A phishing attack on an Office 365-account enabled a 3 Mil CEO Fraud Scam at an investment firm. Finnish antivirus company F-Secure reported on their blog. One of the employees at the ...

September 14, 2018 Stu Sjouwerman

[ALERT] CEO Fraud Escalates. Bad Guys Now Go After Employee Personal Address And Phone Number

KnowBe4 is observing a serious escalation of CEO Fraud. They are now requesting street addresses and personal phone numbers of employees—an attempt to contact and manipulate employees ...

September 6, 2018 Stu Sjouwerman

Size Still Doesn’t Matter Especially When It Comes To CEO Fraud

Lloyds Bank says that Business Email Compromise (BEC)—also known as CEO Fraud—rose by 58% in the UK over the past year. While BEC is often associated by the media with large firms, ...

September 4, 2018 Stu Sjouwerman

Email Impersonation aka CEO Fraud Remains on the Rise

With an average of 1 in 6 users receiving email-based impersonation attacks, it spells bad news for organizations.

July 20, 2018 Stu Sjouwerman

Scam Of The Week: Another New CEO Fraud Phishing Wrinkle

So, here's a new CEO Fraud phish: see these fresh screen shots from emails reported to us through the free KnowBe4 Phish Alert Button. Bad guys spoof the managing partner and CPA and an ...

July 18, 2018 Stu Sjouwerman

FBI Warns that Business Email Compromise (CEO Fraud) is a "$12 Billion Scam"

The FBI is again warning of the threat posed by business email compromise (BEC, aka CEO Fraud) and email account compromise (EAC). Together, says the Bureau, these have cost businesses ...

June 25, 2018 Stu Sjouwerman

[Heads-up] Employees Sue Company For W-2 Phishing Scam. Federal Court Decides Triple Damages

Imagine my surprise when I saw a picture of myself in the blog of large North Carolina Law firm Poyner Spruill. It was all good though. They had picked up an example of a real W-2 ...

June 14, 2018 Stu Sjouwerman

Finally, The Criminals Pay in CEO Fraud Scam

Some good news finally. It seems that the bad guys do get caught sometimes. In this case, 70 cybercriminals in the U.S. and Nigeria.

May 24, 2018 Stu Sjouwerman

Surprise! What's The Country Where All The CEO Fraud Gangs Are?

A new study by Agari concludes that, despite all the attention nation-state espionage services have been getting for their phishing attacks, the big threat still comes from criminal gangs.

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