The Big Spike In ‘CEO Fraud’
PYMNTS
FEBRUARY 12, 2020
Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year. A recent variation on the theme is vendor email compromise, where the hacker gains access, pretends to be a supplier and then slips into the payment flow to intercept payments from buyers.
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