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CEO Fraud Wire Transfer Losses Soar 48% in Q2 2020

By September 1, 2020Cyber Security

Business email compromise attacks—aka CEO Fraud— have taken shape this year, and according to Agari wire transfer losses have significantly increased by 48% in Q2 2020. The average losses of these attacks are $80,000, and the findings came from the Anti-Phishing Working Group’s latest Phishing Activity Trends Report.

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Robert Crossland

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