November 20

Cyber Security in New York: Avoid These Common CEO Fraud Tricks

Cyber security professionals in New York advise businesses that they should carefully educate their staff pertaining to common hacker tricks, one of them involves social engineering as a means of hoodwinking employees. The hacker pretends to be somebody in upper management to get key information or money.

Protections Against CEO Fraud

IT security specialists will certainly stratify protection strategies based on the company, but just about any company is going to experience CEO fraud that contains the following attributes–these are what you want to train employees to watch out for:

Pressure Pertaining to Sensitive Information

Cyber security experts in New York recommend that you should train your employees and management in specific protocols regarding sensitive information. One way hackers manage to steal this data is by putting the pressure on those who they send fraudulent emails to.

They’ll pretend to be the CEO, say the name of the employee in the email, and demand information X “Right now!”, or something similar. That’s a red flag for fraud, especially when you’ve anticipated this with protocols designed around careful information sharing.

False Pretenses Established Where the CEO Is “Spoofed”

When telemarketers “spoof” a phone number, they route the call through a number that isn’t related to their location. CEOs get spoofed as well, and the hackers will strike up a conversation with employees beforehand so they think it’s legitimate when key information is requested.

Mobile Device Fraud and the Looming “Deepfake” Element

You should set protocols restricting information or financial requests from mobile devices, as the nebulous nature of such messages make it so it’s easy for hackers to pretend they’re CEOs. Also, watch out for the “deepfake” element in video and audio.

Keeping Your Business Safe from CEO Fraud

At Total Technology Solutions, we can help you avoid CEO fraud through protocols restricting information spread, and education of staff using the latest knowledge on such fraud. Spoofing, deepfakes, and pressure represent key ways hackers trick employees into giving “fake CEOs” key company information. Don’t be taken in. To learn more, reach out to our cyber security experts in New York.


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