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CEO Spoofing: Don't Get Fooled!

August 18, 2016 | Faculty Reports | Security Awareness, Phishing, Social Engineering | By Kevin Beaver, IANS Faculty

Austrian aerospace firm FACC fired its CEO after losing nearly €50 million when fraudsters posing as the CEO forced the finance department to approve multimillion dollar payments. In this report, IANS Faculty Kevin Beaver explains how such scams work and offers tips to ensure your company doesn’t become the next victim.


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