Hyderabad, March 24 -- The Telangana Cyber Security Bureau (TGCSB) has issued a crucial advisory to corporate and IT companies, alerting them to a rise in impersonation scams targeting finance and accounts personnel.

Cybercriminals leveraging Whatsapp, email, SMS

Cybercriminals are leveraging platforms such as WhatsApp, email, and SMS to pose as senior executives, including Chief Managing Directors (CMDs) and Chief Executive Officers (CEOs), in order to deceive employees into transferring large sums of money.

These scams often exploit the trust employees have in their leadership by mimicking their communication style and using familiar names or profile pictures.

In a recent incident, an accounts officer received a WhatsApp message fro...