An Emerging Global Threat-Business Email Compromise (BEC) Read Article
CEO email scam or the C-Suite email scam, the purpose of this type of email is very simple—to get the recipient to process a payment by wire transfer. The scammers send an email to a target recipient, usually pretending to be from the CEO or a senior executive of an organization. The scammers will usually send the fake wire transfer emails to employees working in the finance department of a company, as those employees will have the ability to action payment requests. However, any employee could receive an email with this type of request. So, it pays to be prepared.