Cybersecurity Alert: India Warns Companies Over Rising 'Boss Scam' Fraud

India's cybersecurity agencies have issued a fresh warning as cybercriminals increasingly target businesses using sophisticated impersonation scams.

Key Highlights

  • Scammers are posing as CEOs and senior executives through WhatsApp, email, and messaging apps.
  • Employees are being pressured to make urgent fund transfers to fraudulent accounts.
  • AI-powered phishing and malware attacks are making these scams harder to detect.
  • Companies are advised to verify payment requests through official channels before transferring money.