Nikkei worker tricked into transferring $29 million into scammer’s bank account

BEC is still a thing.  When was the last time you trained your employees on that?

Graham Cluley reports:

Nikkei, one of the largest media companies in Japan, with an empire spanning broadcasting, digital media, magazines, and newspapers such as the Financial Times, says that its US subsidiary, Nikkei America, has been scammed out of $29 million.

In a press release, the largest independent business media group in Asia which lends its name to Japan’s leading stock index, revealed that an employee of its American subsidiary had been fooled into transferring the money into a bank account after a fraudster posed as a Nikkei management executive.

Read more on Hot For Security.

Also posted on this site this morning, see Europol Publishes Law Enforcement and Industry Report on Spear Phishing

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