Cyber Thieves Stole $215 Million From Businesses By Using Hacked Email Addresses

Scammers target companies that regularly use wire transfers.

Here's a nightmare scenario: You're working in the accounts department, when you receive an email from your boss, asking that you urgently wire one of the company's foreign suppliers a five-figure sum that has been somehow missed. You do, and then you email your boss to let him or her know—only to receive an email back that reads, "Which wire transfer?"

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Published on January 28, 2015 13:44
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