Scamsters trick companies into wiring funds to the hacker, FBI says. Amount of money they’ve tried to steal has grown by 1,300 percent since January 2015. In the U.S. alone, victims have lost $960 million to the schemes over approximately the past three years. The number of victims: 22,143. The schemes most often target a companys financial department, according to Trend Micro. The FBI said the scammers study their targets carefully so company employees should be careful about what professional details they post to social media.”]
Source: https://www.csoonline.com/article/3084783/companies-pay-out-billions-to-fake-ceo-email-scams.html