Cyber Crime Centre Warns Of 'Boss Scam' Targeting Companies
The Indian Cyber Crime Coordination Centre has warned of a 'boss scam' where criminals impersonate executives to trick employees into transferring funds. Attackers use malware to hijack WhatsApp sessions and issue fraudulent payment instructions.
Why it matters
This highlights the growing sophistication of social engineering attacks targeting corporate finance departments through trusted communication channels.
Show Quick Read Summary is AI-generated, newsroom-reviewed Cybercriminals impersonate regulators and senior executives to trick employees The advisory noted that finance departments are particularly vulnerable The agency urged users not to install executable files received from unknown sources Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: The Indian Cyber Crime Coordination Centre (I4C) has issued a warning about a rising cyber fraud dubbed the "boss scam", in which cybercriminals impersonate regulators and senior executives to trick companies into making high-value financial transfers.
The article is a factual report on a government security advisory.
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