compromise scams
A CEO scam is a devious cybercrime where a fraudster impersonates a high-ranking individual, quite often the CEO,
and manipulates an employee into transferring funds to another account which they control
Problem overview
CEO fraud is often referred to as BEC fraud as well. This is because the scammer typically hacks into an email or messaging service so they can then impersonate the high-ranking official of the organisation. In many cases of CEO fraud, the scammer goes to great lengths to research and mimic the high-ranking individual's communication style, including their writing tone, vocabulary, and even the timing of their emails. This level of sophistication makes the fraudulent emails VERY hard to detect, as they closely resemble the genuine communication patterns of the CEO. This tactic, known as "CEO voice phishing," can significantly increase the success rate of the scam by creating a sense of authenticity and urgency in the targeted employe
use cases
Impersonation scam
Remote access attacks
Peer-to-peer fraud
Mule Account Detection