Business email compromise — also known as CEO fraud — is becoming more sophisticated. Companies should step up their employee education efforts, add multi-factor authentication for logins to key systems. Some fraudsters are asking for sensitive company documents, such as employees W-2 forms. Another new wrinkle is combining email messages with phone calls, Trend Micro’s Ed Cabrera says. When confirming payments, it’s good practice to use known contact information for colleagues and vendors, instead of replying automatically to emails, he says.”]
Source: https://www.csoonline.com/article/3058216/ceo-targeted-by-fraud-twice-a-month.html