{"id":12131,"date":"2025-03-26T16:51:53","date_gmt":"2025-03-26T15:51:53","guid":{"rendered":"https:\/\/glofera.com\/2025\/03\/26\/ceo-fraud-and-how-to-protect-your-company\/"},"modified":"2025-03-26T16:52:53","modified_gmt":"2025-03-26T15:52:53","slug":"ceo-fraud-and-how-to-protect-your-company","status":"publish","type":"post","link":"https:\/\/glofera.com\/en\/ceo-fraud-and-how-to-protect-your-company\/","title":{"rendered":"CEO fraud and how to protect your company"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-content-alignment:justify;--awb-margin-top:30px;\"><p>Can you imagine someone in your team transferring thousands of euros by your direct order&#8230; without your request? It&#8217;s not science fiction, it&#8217;s one of the most frequent and silent scams suffered by companies today: the CEO fraud. <\/p>\n<p>In this post we explain exactly what this type of attack is, how cybercriminals execute it and, above all, how you can prevent it in your company. From <strong><span style=\"color: #a9ca4a;\">Glofera<\/span><\/strong><strong>we help you to protect your SME<\/strong> with <strong><a href=\"https:\/\/prociber.glofera.com\/?utm_source=web&amp;utm_medium=blog&amp;utm_term=prociber&amp;utm_content=landing&amp;utm_campaign=lanzamiento_prociber\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #a9ca4a;\">ProCiber<\/span><\/a><\/strong>our multilayer cybersecurity solution managed by professionals.<\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-bottom:50px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">What is CEO fraud?<\/h2><\/div><div class=\"fusion-text fusion-text-2\"><p>CEO fraud is a social engineering technique in which <strong>attackers impersonate an authority figure within the company<\/strong> &#8211; usually the managing director or CEO &#8211; to trick a trusted employee into performing an urgent action, such as a bank transfer, sending confidential information or accessing systems.<\/p>\n<p><strong>The most dangerous thing about this fraud is that it does not require hacking anything<\/strong>. It relies on deception, fear and urgency to manipulate the victim. And the worst part: it often goes unnoticed until it is too late.<\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:30px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-bottom:30px;--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\"><strong>How does CEO fraud work?<\/strong><\/h2><\/div><div class=\"fusion-text fusion-text-3\"><p>This type of attack usually follows a well-designed pattern. Here we explain how the attackers operate:<\/p>\n<\/div><ul style=\"--awb-iconcolor:#ffffff;--awb-line-height:27.2px;--awb-icon-width:27.2px;--awb-icon-height:27.2px;--awb-icon-margin:11.2px;--awb-content-margin:38.4px;--awb-circlecolor:var(--awb-color4);--awb-circle-yes-font-size:14.08px;\" class=\"fusion-checklist fusion-checklist-1 fusion-checklist-default type-icons\"><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-yes\"><i class=\"fusion-li-icon fa-check fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>They collect information<\/strong>: they search for data in social networks, on the corporate website or in leaked emails. They identify who the CEO is, who manages accounts or has access to key information.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-yes\"><i class=\"fusion-li-icon fa-check fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Fake identity<\/strong>: create email addresses similar to real ones, clone signatures or even use AI to mimic the CEO&#8217;s communication style.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-yes\"><i class=\"fusion-li-icon fa-check fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>They execute the attack<\/strong>: they send an urgent message, requesting for example a confidential transfer or access to a system, under the excuse of a sensitive or last minute matter.<\/p>\n<\/div><\/li><\/ul><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:30px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-reading-box-container reading-box-container-1\" style=\"--awb-title-color:#a9ca4a;--awb-title-font-size:20px;--awb-margin-top:0px;--awb-margin-bottom:20px;\"><div class=\"reading-box\" style=\"background-color:var(--awb-color2);border-width:1px;border-color:rgba(226,226,226,0);border-left-width:3px;border-left-color:var(--primary_color);border-style:solid;\"><h2>Real example:<\/h2><div class=\"reading-box-additional fusion-reading-box-additional\">\n<p>&#8220;Hi Marta, I need you to make an urgent transfer of \u20ac15,000 to this international supplier. I&#8217;m in a meeting and can&#8217;t talk, but this can&#8217;t wait. Confirm it to me through this same channel. It&#8217;s confidential.&#8221;<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-text fusion-text-4\"><p>The sender appears to be the CEO. The tone, urgency and familiarity cause the person to act without question. And the damage is done.<\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-top-small:10px;--awb-margin-right-small:0px;--awb-margin-bottom-small:10px;--awb-margin-left-small:0px;\"><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\"><strong>How can a cyberattack like this be prevented or acted upon?<\/strong><\/h2><\/div><div class=\"fusion-text fusion-text-5\"><p>Preventing CEO fraud <strong>does not depend only on firewalls or antivirus<\/strong>. The most important thing here is the combination of technology, processes and security culture:<\/p>\n<\/div><ul style=\"--awb-iconcolor:#ffffff;--awb-line-height:27.2px;--awb-icon-width:27.2px;--awb-icon-height:27.2px;--awb-icon-margin:11.2px;--awb-content-margin:38.4px;--awb-circlecolor:var(--awb-color4);--awb-circle-yes-font-size:14.08px;\" class=\"fusion-checklist fusion-checklist-2 fusion-checklist-default type-icons\"><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-yes\"><i class=\"fusion-li-icon fa-angle-double-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Awareness and training: <\/strong>Train your entire team to recognize these types of scams. Create a clear verification protocol for sensitive requests.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-yes\"><i class=\"fusion-li-icon fa-angle-double-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Two-step verification: <\/strong>Establishes an internal rule: no transfer or confidential access can be made without verification by another channel (direct call, secure message, etc.).<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-yes\"><i class=\"fusion-li-icon fa-angle-double-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Cybersecurity policies: <\/strong>Define and document processes for handling payments, urgent requests, bank account changes, etc.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-yes\"><i class=\"fusion-li-icon fa-angle-double-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Advanced protection systems: <\/strong>Implement cybersecurity solutions that include behavioral analysis, intelligent mail filters, anomaly detection and constant monitoring.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-yes\"><i class=\"fusion-li-icon fa-angle-double-right fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Attack drills: <\/strong>Conduct training and simulation campaigns to measure your team&#8217;s response and reinforce weak points.<\/p>\n<\/div><\/li><\/ul><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1248px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-5 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:30px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-6\" style=\"--awb-margin-top:30px;\"><p>CEO fraud does not discriminate by company size. SMEs are especially vulnerable because they tend to have fewer resources and control processes. And a single transfer can mean a big loss.  <\/p>\n<p>For this reason, from <strong><span style=\"color: #a9ca4a;\"><a style=\"color: #a9ca4a;\" href=\"https:\/\/glofera.com\/en\/get-to-know-us\/\">Glofera<\/a><\/span><\/strong>we offer you <strong><a href=\"https:\/\/prociber.glofera.com\/?utm_source=web&amp;utm_medium=blog&amp;utm_term=prociber&amp;utm_content=landing&amp;utm_campaign=lanzamiento_prociber\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #a9ca4a;\">ProCiber<\/span><\/a><\/strong>, our <strong>multilayer cybersecurity<\/strong> solution, designed so that your company is always protected, with <strong>24\/7 monitoring<\/strong>, <strong>email protection<\/strong>, <strong>team training<\/strong> and <strong>advanced tools<\/strong> to detect and prevent attacks like this one. Learn more about <strong>ProCiber<\/strong> <a href=\"https:\/\/prociber.glofera.com\/?utm_source=web&amp;utm_medium=blog&amp;utm_term=prociber&amp;utm_content=landing&amp;utm_campaign=lanzamiento_prociber\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"color: #a9ca4a;\">here<\/span><\/strong><\/a>. <\/p>\n<p>Do you have questions or want to know how to protect your company against CEO fraud? Write to us at <strong><a href=\"mailto:hola@glofera.com\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #a9ca4a;\">hola@glofera.com<\/span><\/a>  <\/strong>or call us at <a href=\"tel:+34900600300\"><strong><span style=\"color: #a9ca4a;\">+34 <\/span><\/strong><span style=\"color: #a9ca4a;\"><strong>900 600 300<\/strong><\/span><\/a> and request your <strong>free<\/strong> personalized <strong>advice<\/strong> with one of our experts. <\/p>\n<p>Don&#8217;t let a fake email put your company at risk!<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":12112,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[173,172],"tags":[290,280,285,218,176,377,175,220,272,440,225],"class_list":["post-12131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company","category-cybersecurity","tag-cyber-tranquility","tag-cyberattack","tag-cybercriminals","tag-cybersecurity","tag-cybersecurity-for-businesses","tag-cybersecurity-for-smes","tag-data-protection","tag-digital-threats","tag-enterprise-cybersecurity","tag-prociber-en","tag-smes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CEO fraud and how to protect your company | Glofera<\/title>\n<meta name=\"description\" content=\"CEO fraud: the scam affecting SMEs. 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