Business email compromise, also known as whaling or CEO fraud, is one the biggest threats facing today. Ryan Air lost $5 million after being targeted by scammers in this way. One of the worlds leading wire and cable manufacturers, Leoni AG, was swindled out of a staggering $44 million through this technique, and aerospace parts manufacturer FACC was defrauded to the tune of $55 million. Barclays Bank has released videos warning users of the risks of business email compromise.”]
Source: https://grahamcluley.com/barclays-warns-customers-of-business-email-compromise/