The Economic Times

'Boss Scam' alert: Cybercriminals hijack executives' WhatsApp accounts to trick staff into transferring money

A new cyber fraud, the 'Boss Scam,' is targeting top executives, according to the Indian Cyber Crime Coordination Centre. Criminals are sending malicious files disguised as urgent compliance documents via email or WhatsApp. Once opened, malware grants access to devices and WhatsApp, allowing fraudsters to impersonate leaders and trick employees into making fraudulent financial transfers. Organizations are urged to verify all financial instructions.