A clever variant of phishing scams is proliferating among enterprises, forcing CIOs to up their game. Called whaling, the social engineering grift typically involves a hacker masquerading as a senior executive asking an employee to transfer money. The FBI says such scams have cost companies more than $2.3 billion in losses over the past three years. Mimecast, which makes cloud software designed to spot and quarantine phishing emails with malicious attachments and URLs, has just launched a tool designed to harpoon whaling.”]
Source: https://www.csoonline.com/article/3060132/whaling-emerges-as-major-cybersecurity-threat.html