CEO Fraud & Executive Impersonation
Redirection requests from the “CEO” bypass basic oversight. Train your finance team to disarm executive spoofing.
CEO Fraud, also known as Business Email Compromise (BEC), targets accounting departments. Attackers pose as executives or legal counsel, demanding urgent bank changes or payment transfers for supposed confidential acquisitions.
Verification and Checks
- Dual-Authorization Rules: Requiring secondary approval for any transfer above a set limit.
- Out-of-Band Calls: Confirming unusual financial requests via established phone lines before executing transfers.
- Header Inspection: Checking email header routes to spot return-path anomalies.
