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CEO fraud (business email compromise)

CEO fraud uses emails or calls impersonating executives or suppliers to get a company to make fraudulent payments.

Signs

Urgency and secrecy, last-minute bank detail changes, lookalike domains, requests to bypass normal process.

Protection

Call-back checks for payment changes, DMARC, staff training and dual approval.

Frequently asked questions

How has voice cloning changed it?

Voices can now be faked too; agree verification words and always call back.

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