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CEO Fraud: 2 More Companies Fall Victim

Posted: February 7, 2017 to Cybersecurity.

Tags: HIPAA, Data Breach, Malware

Last week we reported about two cases of CEO fraud, where an employee sent sensitive information to a data thief posing as someone high up in a company.  Now we've got two more. The victims were Campbell County Health in Wyoming and eHealthInsurance.  In both cases, a thief was able to pass themselves off as an executive and requested the W2 information of employees via email.  An unscrupulous employee then sent the requested information to the thief.  Customer and patient data were not compromised, but thousands of employees from both affected companies can now expect their information to be bought and sold on the internet black market. For their part, eHealthInsurance is offering two years of credit monitoring for those affected by their data theft. CEO fraud, especially for W2 information, is on the rise.  The IRS is issuing warnings to businesses to recognize and be on the lookout for such fraud.  If your company hasn't taken the time to train employees on proper security measures, you should set that up as soon as possible.

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About the Author

Craig Petronella, CEO and Founder of Petronella Technology Group
CEO, Founder & AI Architect, Petronella Technology Group

Craig Petronella founded Petronella Technology Group in 2002 and has spent more than 30 years working at the intersection of cybersecurity, AI, compliance, and digital forensics. He holds the CMMC Registered Practitioner credential (RP-1372) issued by the Cyber AB, is an NC Licensed Digital Forensics Examiner (License #604180-DFE), and completed MIT Professional Education programs in AI, Blockchain, and Cybersecurity. Craig also holds CompTIA Security+, CCNA, and Hyperledger certifications.

He is an Amazon #1 Best-Selling Author of 15+ books on cybersecurity and compliance, host of the Encrypted Ambition podcast (95+ episodes on Apple Podcasts, Spotify, and Amazon), and a cybersecurity keynote speaker with 200+ engagements at conferences, law firms, and corporate boardrooms. Craig serves as Contributing Editor for Cybersecurity at NC Triangle Attorney at Law Magazine and is a guest lecturer at NCCU School of Law. He has served as a digital forensics expert witness in federal and state court cases involving cybercrime, cryptocurrency fraud, SIM-swap attacks, and data breaches.

Under his leadership, Petronella Technology Group has served 2,500+ clients, maintained a zero-breach record among compliant clients, earned a BBB A+ rating every year since 2003, and been featured as a cybersecurity authority on CBS, ABC, NBC, FOX, and WRAL. The company leverages SOC 2 Type II certified platforms and specializes in AI implementation, managed cybersecurity, CMMC/HIPAA/SOC 2 compliance, and digital forensics for businesses across the United States.

CMMC-RP NC Licensed DFE MIT Certified CompTIA Security+ Expert Witness 15+ Books
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