THREAT DEFINITION: BEC

Stop CEO Fraud in Its Tracks.

Business Email Compromise (BEC) costs organizations over $2.7 Billion annually. It's not a malware problem; it's a verify-the-sender problem.

Executive Impersonation

Attackers spoof C-suite emails to demand urgent transfers.

Vendor Fraud

Fake invoices from compromised vendor accounts.

Gift Card Scams

"I'm in a meeting, buy $500 in cards now."

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What is CEO Fraud?

CEO Fraud, a form of Business Email Compromise (BEC), occurs when an attacker impersonates a high-level executive (CEO, CFO) to trick an employee into transferring funds or sharing sensitive data. Unlike standard phishing, these emails often contain no malicious links or attachments—just urgent, persuasive text.

Anatomy of a BEC Attack

1

Reconnaissance

Attackers research your org chart on LinkedIn to find the CEO and a target in Finance/HR.

2

Spoofing & Urgency

They send an email from "ceo@company-email.com" (or a look-alike domain) demanding an "urgent wire transfer" for a "secret acquisition."

3

The Loss

The employee, afraid to question the boss, processes the payment. The money is gone.

How to Prevent CEO Fraud

1. Verify Requests

Implement a "out-of-band" verification policy. If the CEO asks for money via email, call them on the phone.

2. Simulate the Threat

Use PhishFirewall to safely simulate BEC attacks. Train employees to spot the subtle signs of spoofing before a real attack hits.

Don't Be the Next Headline

PhishFirewall's AI sends harmless BEC simulations to your finance team, inoculating them against the real thing.

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