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.
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.
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