Man arrested for $100m email fraud scam against multinational tech firms
Even tech firms fall for business email compromise scams.
Even tech firms fall for business email compromise scams.
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.
The FBI has issued a warning over a massive increase in business email scams or ‘whaling attacks’, which have cost businesses a staggering $2.3bn in losses in under three years.