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Home > Briefs > Global Risk > Organized Crime & Gangs > Cyber fraudsters reap $2.3 billion through email wire-transfer scams

Cyber fraudsters reap $2.3 billion through email wire-transfer scams

“Businesses have lost billions of dollars to fast-growing scams where fraudsters impersonate company executives in emails that order staff to transfer to accounts controlled by criminals, according to the U.S. Federal Bureau of Investigation.”

Source: Cyber fraudsters reap $2.3 billion through email wire-transfer scams | Reuters