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Kyle SantosFlag for United States of America

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What is CEO Fraud?

I've heard hackers can launch a 'CEO fraud' spear phishing attack on an organization.  What does this mean and how can a person/team prevent this?
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It's actually not even that complicated, they do it from a phishing email with a company employee... They don't even need to compromise the mailbox.
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Thank you, Experts!