Hyderabad, June 25 -- The Telangana Cyber Security Bureau (TGCSB) has sounded an alert over a fast-spreading fraud in which cybercriminals impersonate senior executives and government officials to dupe employees into making unauthorised financial transfers, a scheme that has drawn over 300 complaints from across the country in less than three weeks.

In a public advisory, TGCSB Director Shikha Goel warned citizens, government departments, public sector organisations, private companies and business establishments about the scheme, commonly referred to as the "Boss Scam" or CEO impersonation fraud.

The alert follows an advisory issued by the Indian Cyber Crime Coordination Centre (I4C).

How it works

The fraud typically begins with an ema...