SEBI: Caution to Regulated entities and listed companies
SEBI issued a press release alerting regulated entities and listed companies about an emerging cyber fraud known as the "Boss Scam". The scam involves fraudsters impersonating CEOs or other senior executives through fake emails, WhatsApp messages, AI-generated voice or video (deepfakes), or malicious files to deceive finance officials into transferring funds to fraudulent accounts. To mitigate this risk, SEBI has advised organisations to independently verify all payment requests through direct communication with the concerned official, avoid acting solely on digital instructions, refrain from opening suspicious files or links, log out of inactive WhatsApp Web sessions, and promptly report any cyber fraud to the National Cybercrime Helpline (1930) or the Cyber Crime Reporting Portal.
