Technology9/24/2025Bloomberg

Hackers Are Trying to Scam Tech Bosses Through LinkedIn

Here is a 175-word summary of the news article: Hackers are targeting tech executives and other high-profile individuals on LinkedIn in an attempt to scam them. The scam involves sending fake messages to victims, often posing as a company executive or client, and tricking them into revealing sensitive information or transferring funds. The hackers rely on a technique called "business email compromise" (BEC), which exploits the trust and authority of executives. They research their targets extensively on LinkedIn and other social media platforms to craft convincing messages. Once they gain the victim's trust, the hackers will typically request an urgent wire transfer or sensitive data, such as login credentials or financial information. These scams have resulted in billions of dollars in losses for businesses worldwide. Security experts warn that LinkedIn users, especially those in leadership roles, should be cautious about unsolicited messages and verify the identity of anyone requesting sensitive information or funds. Implementing strong cybersecurity measures and employee training can help mitigate the risk of these sophisticated scams.

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