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One of Europe’s Biggest Companies Loses €40 Million in Online Scam

One of Europe’s Biggest Companies Loses €40 Million in Online Scam
threat20actor

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Leoni AG, Europe’s biggest manufacturer of wires and electrical cables and the fourth-largest vendor in the world, announced it lost €40 million ($44.6 million) following an online scam that tricked one of its financial officers into transferring funds to the wrong bank account.

Threat Intel

via CERT-EU : EMM AlertFilter System: CERT-LatestNews http://ift.tt/1gYYfLb

August 31, 2016 at 04:36PM

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Nathan Cocker

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