BEC or CEO fraud

BEC or CEO fraud

BEC or CEO fraud is a form of cybercrime in which fraudulent emails are sent to employees of a company, where the sender poses as the CEO or other senior executive of the company. These emails often contain a request to transfer money to a specific bank account or to provide confidential information. This type of fraud can lead to financial losses for the company and the leakage of confidential information. To protect against BEC or CEO fraud, it is important to train employees to be critical of suspicious emails and to verify that a request for money transfer or information is actually from the manager from the company.