C-Suite Email Fraud Surges

(from MLive) Fake emails from the c-suite have cost organizations an estimated $5.3 billion over the last three years, according to Trivalent, a technology-security company. In these emails, which often originate in other countries, fraudulent senders impersonate CEOs and other executives instructing employees to transfer funds to specific accounts. They often include actual names and details, duping recipients into thinking they are legitimate. 

Many independent schools have also received fishy requests for bank transfers. See this related content on NetAssets.org:
Cybersecurity and Master Planning
A School's Last Phishing Trip
Greetings from Kazakhstan: Hackers Target Independent Schools 
Your Money or Your Data

See all news items on NetAssets.org.