Whaling up by 270% - Don't confuse this with stock value or fishing activity

It is PHISHING attack that has cost more than 2.3 Billion in last 3 years

The FBI estimates that these scams have cost organizations more than $2.3 billion in losses over the past three years

From October 2013 through February 2016, law enforcement received reports from 17,642 victims.

(I like this observation)

The fact that a single employee, for any reason, could grab so much data and simply send it to anyone, regardless of who they think that person is, is a scary prospect when you stop to think about it

For more info:

http://www.infosecurity-magazine.com/news/fbi-ceo-fraud-skyrockets-270/