CEO impersonation fraud threatening IT firms: Report

Cyber-security researchers on Monday said they had discovered a spear phishing campaign targeting multiple IT firms where scammers were sending WhatsApp messages to top tier employees’ personal numbers pretending to be their CEO.

CloudSEK analysts found a spear phishing campaign targeting multiple corporations wherein a specific form of a message purportedly coming from superiors or CEOs may actually be a fraud.

In these messages, the threat actor pretends to be the company’s CEO and sends a WhatsApp message to employees (mostly top-level executives) on their personal phone numbers.