Earlier this month, Leoni AG, one of the world’s largest manufacturers of wires and electrical cables, informed investors that the German company lost almost 40 million euros (or about $44.6 million) to online scammers. Today, we finally know how: According to investigators, the thieves simply spoofed emails to look like official payment requests, a tactic known as “CEO fraud.”Read more...
Comment on An Email Scam Cost One of Europe's Biggest Companies $40 Million
Hudson Hongo, Gizmodo
Wed, 08/31/2016 - 9:15pm
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