What is ‘boss scam’ that market regulator SEBI has warned about: How fraudsters use WhatsApp, Microsoft Teams to target company employees
India's market regulator SEBI has issued a warning about the escalating 'Boss Scam'. Cybercriminals impersonate senior executives to trick employees into transferring company funds. This scam often involves urgent requests and malicious software to gain system access. SEBI has directed regulated entities to update their internal safety protocols immediately. Employees must verify urgent fund transfer requests through official channels and avoid suspicious links.
India's market regulator SEBI has issued a warning about the escalating 'Boss Scam'. Cybercriminals impersonate senior executives to trick employees into transferring company funds. This scam often involves urgent requests and malicious software to gain system access. SEBI has directed regulated entities to update their internal safety protocols immediately. Employees must verify urgent fund transfer requests through official channels and avoid suspicious links.
