Why in News?
The Indian Cyber Crime Coordination Centre (I4C) has warned about the ‘Boss Scam’, in which malicious files disguised as RBI, MCA or account statement documents are used to take over WhatsApp accounts and carry out financial fraud.
About
- The malware gets distributed mainly through WhatsApp, SMS and e-mail with the aid of malicious .zip files.
- Once it gets into the system, it can take control of the WhatsApp Web and impersonate a CEO or a senior executive to trick finance teams into transferring funds immediately.
- CFOs, Chartered Accountants, company directors and finance personnel are some of the primary targets of the scam.
- I4C has alerted more than 58,000 people of potential risk across various networks through the SMS header ‘I4CMHA-G’.
