The oldest email scam in the book earned these thieves $44m in a single heist

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.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>