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Fintech

City needs a better system to stop the email prankster

As yet another CEO falls foul of the trickster, it is no longer enough to order staff to check the address of the recipient - the systems must improve

The Banking Email Prankster has flagged up email security worries
The Banking Email Prankster has flagged up email security worries Photo: iStockphoto

The email prankster who keeps tricking the heads of large investment banks is very clever.

Not in how he is using technology to trick them – that is not clever at all. It is incredibly basic. He just sets up a fake gmail address in the name of the person he is trying to impersonate.

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