“We are thankful to DEW for partnering with us to bring this valuable information to the businesses,” said Carri Grube Lybarker SCDCA Administrator. “By implementing the simple tips in the alert, businesses can better protect their assets, including personal information of customers.”
The email requests often come from individuals posing as the company’s CEO or other executives, and can result in the loss of vast amounts of money and sensitive personal identifying information. Through the joint effort, approximately 43,000 South Carolina businesses were provided tips on how to guard their company from falling victim to the CEO imposter scams.
View the scam alert in its entirety by visiting www.consumer.sc.gov. For more information on other types of business scams, visit SCDCA’s Spotlight. To report a scam, call (844) 835-5322 or visit SCDCA’s website and click Report a Scam.
Forbes magazine reports that phishing scams can cost American businesses up to $500 million a year.