CEO Fraud is a very simple and effective cyber attack that can cause significant business losses
CEO Fraud couldn’t be simpler. There’s no malware to write and no malicious code or links to implant. It’s a text only email, plain and simple – but it’s the social engineering that makes it work.
Due to its simplicity, these spoofing attacks are one of the fastest growing forms of cyber crime. During the period from Oct. 2013 to April 4, 2016, the FBI reported losses due to this kind of attack total a record $2.3 billion.

In this episode I talk about:

Exactly what is CEO Fraud
3 Specific  scenarios
How to  protect yourself and your business 

Show Notes:

Ouch Newsletter
Cyber Security Roles and Responsibilities

Resources





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Protect yourself from CEO Fraud from Jason Clause






Transcript











Welcome to the Jason Clause show. I'm Jason Clause, your host, and today we're talking about, as always, good ideas for busy managers. Welcome to the show everybody. My name's Jason Clause. I'm your host, and this is the Jason Clause Show. It's a podcast dedicated to finding and sharing good ideas with Bay Area busy managers. My experience is the best managers out there, they're idea collectors. They're always on the lookout for great ways to lead their team, to build culture, to motivate people, to help their organizations get from where they are to where they want to be. And that's what this show is about. It's about finding those ideas and sharing those ideas. We have a great episode for you today. We're gonna be doing a short one, and we're gonna be talking about a topic called CEO fraud. It's a cyber-security topic, and this is the first in a series that we're gonna be doing aimed at trying to raise the cyber safety or the cyber-security fluency for the Bay Area. For the San Francisco East Bay specifically, and for our teams. And we're gonna get into this topic right after this.
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All right. Welcome back, so I've actually started reading a newsletter that's put out by an organization called SANS. I'm gonna leave a link to them in the show notes, but this is a newsletter that I read about CEO fraud. It's written by a gal named Angela Pappas. She's the director of information security training at Thompson Reuters. In her role she's responsible for their ambassador program, e-learning, educating employees, and helping them understand topics that pose a significant risk. So I'm gonna include a note in the show notes to this newsletter also. You can also find it on the LinkedIn group, and you can get to the LinkedIn group from the Jason Clause website. That address is www.