CEO fired after ‘fake CEO’ email scam cost firm $47m
Austrian aviation parts maker FACC has fired its CEO after the firm lost over €50m ($47m) in a targeted phishing attack in January, which precipitated a dramatic fall in its share price.
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CEO emails - News, Features, and Slideshows
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Stuxnet, Snowden and Sony: Why we've passed the cyber security tipping point
Heavy-handed pressures from tech-unaware legislators, successful strikes by laterally-thinking hackers, a growing tide of dissent about government intervention and corporate concerns about last year's massive hack of Sony Pictures corporate documents have pushed us past the security tipping point into an environment where cyber-attacks will increasingly become favoured tools of nation states and terrorist groups, a leading security journalist has warned.
David Braue | 06 Mar | Read more
