States » SouthPosted at: Mar 24 2025 2:24AM


Cybercriminals impersonating corporate leaders to defraud companies: TGCSB issues advisory

Hyderabad, Mar 23 (UNI) The Telangana Cyber Security Bureau (TGCSB) has issued a public advisory warning corporate offices and IT companies across the state about a surge in cyber fraud involving impersonation scams targeting accounts and finance personnel.
Cybercriminals are posing as senior executives, including company CMDs and CEOs, using WhatsApp, email, and SMS to deceive employees—particularly accounts officers—into urgently transferring large sums of money. These fraudsters exploit familiarity by using profile pictures, names, and writing styles that closely resemble those of company leadership, increasing the likelihood of deception.
In a recent case, a company’s accounts officer received a WhatsApp message from an unknown number displaying the CMD’s profile picture. The message, purportedly from the CMD, asked the officer to save a new number.
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