the fake CEO or fake president scam
Posted: Fri 01 Apr 2016, 15:26
http://www.cbsnews.com/news/mattel-vs-c ... s-no-game/
Because of social media where so much information is easily available to anyone looking for it, Facebook, and others, crooks are becoming increasingly ambitious and target CEO of big companies, such as Mattel, to initiate money transfers, via fake emails seemingly coming from the Chief Executive Officer, addressed to some accountants authorized to do money transfers between banks.
Increasingly, crooks take information from social media to impersonate someone high ranking in the business organisation, and the pay off can be huge, in the millions of dollars.
On social media, you could harm yourself by giving so much infomation about yourself, family, business partners, etc. For some, it may be too late, information is in the open, for anyone to see : personal address, date of birth, city location, etc. The richer you are, and the more you are a public figure, the more your are at risk for identity theft, sextorsion, etc.
Because of social media where so much information is easily available to anyone looking for it, Facebook, and others, crooks are becoming increasingly ambitious and target CEO of big companies, such as Mattel, to initiate money transfers, via fake emails seemingly coming from the Chief Executive Officer, addressed to some accountants authorized to do money transfers between banks.
Increasingly, crooks take information from social media to impersonate someone high ranking in the business organisation, and the pay off can be huge, in the millions of dollars.
On social media, you could harm yourself by giving so much infomation about yourself, family, business partners, etc. For some, it may be too late, information is in the open, for anyone to see : personal address, date of birth, city location, etc. The richer you are, and the more you are a public figure, the more your are at risk for identity theft, sextorsion, etc.