Con men have been exploiting human psychology since the dawn of time. Equipped with the capabilities of the digital age they now have the means to launch voluminous lucrative con schemes at a global scale. Business email compromise (BEC) or whaling is one such targeted scheme where the con men send the target an email message purporting to be from the company’s CEO or executive demanding a wire transfer.

https://www.trustwave.com/en-us/resources/blogs/spiderlabs-blog/bec-payroll-scam-your-salary-is-mine/