Director scams pose an increasing threat and have become more targeted and successful, the police, DNB, and Telenor warn.
Director scams involve fraudsters pretending to be the company’s management and asking employees to transfer money to their accounts. It is by far the most lucrative form of fraud in the world, Telenor writes.
According to the police, 13% of Norwegian companies were exposed to the scam in 2019.
“In recent years, the scammers have become even more professional, and they use more sophisticated methods, such as data hacking,” Christina Thomassen Rooth of the Oslo police noted.
She says the scam can affect both small and large businesses. Associations and sports clubs are also potential targets.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews
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