Sebi has issued a warning to all regulated entities regarding a rising cyber fraud known as the 'Boss Scam'. In this scheme, fraudsters masquerade as senior executives to deceive finance teams into executing fund transfers. The scam employs various channels such as email, WhatsApp, and even sophisticated AI tools like voice cloning to execute their tricks.

MUMBAI, July 17 : Indian markets regulator on Friday issued a warning against a cyber fraud involving impersonation of CEOs and other senior executives of companies to trick…

Sebi has issued a warning to all regulated entities regarding a rising cyber fraud known as the 'Boss Scam'. In this scheme, fraudsters masquerade as senior executives to deceive…

SEBI warns firms about the 'Boss Scam' targeting C-suite officials, urging caution against fraudulent fund transfer requests.

A new scam targeting Indian professionals involves fraudsters impersonating bosses on WhatsApp, exploiting urgency to deceive victims and compromise sensitive information.