KnowBe4 Aims to Take a Bite out of CEO Fraud Cash Cow
KnowBe4, provider of the world’s most popular security awareness training and simulated phishing platform, today introduced Phishing Reply Tracking to help IT managers more effectively combat CEO Fraud, one of the fastest growing social engineering schemes. Phishing Reply Tracking is designed to test whether users will interact with “the bad guys” on the other end of a phishing email. CEO fraud, or Business Email Compromise (BEC) as it is referred to by the FBI, has been steadily gaining steam since January 2015, costing the economy over 3 billion dollars, according to the FBI’s Internet Complaint Center (IC3).
