Interpol cybercrime director warns of rise in 'CEO fraud' cases

Interpol’s director of cybercrime Craig Jones said Singapore is also seeing its share of business e-mail compromise cases.
Interpol’s director of cybercrime Craig Jones said Singapore is also seeing its share of business e-mail compromise cases. ST PHOTO: DESMOND FOO

Business e-mail compromise (BEC), or "CEO fraud", is an increasingly prevalent crime reported globally, with losses from it doubling from 2017 to last year, warned Interpol's director of cybercrime Craig Jones yesterday.

Speaking to The Straits Times at the Interpol Global Complex for Innovation in Napier Road, Mr Jones said the average person should be aware of the crime trend as well, as it could impact him indirectly.

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A version of this article appeared in the print edition of The Straits Times on October 01, 2019, with the headline 'Interpol cybercrime director warns of rise in 'CEO fraud' cases'. Print Edition | Subscribe