CFO Dive: AI Linked to New Crop of Business Email Scams

John Wilson spoke to CFO Dive about Fortra’s recent report on business email compromise. He discussed the recent surge in the number of malicious or untrustworthy emails detected in corporate inboxes.  

Originally published in CFO Dive.

Excerpt:  

“Historically, these attacks impersonated an organization’s CEO or some other high-level executive to trick recipients into initiating large financial transactions. Increasingly, however, threat actors are expanding their target list to include vendors associated with the intended victim. 

By compromising a third party or business partner, the victim organization is prone to highly realistic emails that often contain key insider information, significantly enhancing the legitimacy of an attack.” 

Read the full article here.