Around the Net
American Company Loses $100M to Email Scams
- Fortune, Monday, April 18, 2016 11:08 AM
An American company, whose identity has not been disclosed, lost almost $100 million last year after being scammed via email. Hackers posed as one of the company's legitimate vendors with a fraudulent email address and demanded payments. The U.S. government has filed a civil forfeiture lawsuit in federal court in Manhattan seeking to recover about $25 million derived from the fraud.
