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Abstract

CEO fraud, whereby crooks use social engineering to get executives to wire funds to crooks, is a growing scam. The FBI reports that over 7,000 victims have lost $750 million in the last two years, and this form of swindling has grown over 270 percent since January 2015. Tom Kemp, CEO of Centrify, will share his firsthand account as a target of this scam and tips on how to avoid it.