‘Boss Scam’ on the rise: MHA warns finance professionals of WhatsApp hijack fraud

NEW DELHI: The Union Ministry of Home Affairs (MHA) has issued a nationwide advisory warning corporate entities, Chartered Accountants, company directors, Chief Financial Officers (CFOs) and other finance professionals about a rapidly spreading cyber fraud known as the “Boss Scam”, in which attackers compromise WhatsApp accounts to orchestrate high-value financial fraud.

The alert follows a sharp rise in complaints received through the National Cyber Crime Reporting Portal (NCRP), with incidents reported from several states, including Delhi, Gujarat, Maharashtra and Rajasthan.