National Scam Targeting Employees with Emails from High Level Executives

According to tech firm Trivalent, a nationwide email scam has lost companies an estimated $5.3 billion since 2014. MLive reports that the scam involves phishing attacks and fake emails, which appear to come from members of an organization’s C-suite, instructing the employee to transfer funds. Employers should educate their teams about this scam, and issue instructions directing employees on what to do should they receive a fraudulent email.

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