Around the Net
Leoni AG Loses $44.6 M in Email Scam
- Gizmodo, Thursday, September 1, 2016 5:10 AM
Leoni AG, one of the world’s largest manufacturers of wires and electrical cables, was hit with a CEO email scam that caused them to lose almost $44.6 million. The scammers sent emails made to look like official payment requests and the company's employees sent the funds to what they thought were legitimate partner accounts.
