The oldest email scam in the book earned these thieves $44m in a single heist
Sep01
Earlier in August, leading cable manufacturer Leoni AG announced it has fallen victim to an online scam that has cost the company a staggering $44 million in funds. Following two weeks of investigation, new details have surfaced today and it was revealed the thieves used the oldest trick in the book to swindle Leoni. The attackers cunningly cooked up emails to appear like legitimate payment requests and proceeded to send them to a satellite of Leoni in Bistrita, Romania, Softpedia reports. The fraudulent messages were then received and handled by one of the companies financial officers, who then proceeded to honor all the invoices, paying out $44 million in…
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