Philabundance, a Philadelphia food bank, got scammed out of nearly a million dollars due to a clever BEC attack. According to reports, cyber thieves infiltrated the group’s email server and then mimicked a construction company that had done work for Philabundance. The thieves emailed a fake invoice with instructions leading to a bank account controlled by the thieves.
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@Colin Bastable, CEO , provides expert commentary at @Information Security Buzz.
"The good news is that with investment and training, employees can become your strongest defense...."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/security-expert-re-non-profit-philadelphia-food-bank-loses-nearly-a-million-dollars-to-bec-scam
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@Colin Bastable, CEO , provides expert commentary at @Information Security Buzz.
"The good news is that with investment and training, employees can become your strongest defense...."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/security-expert-re-non-profit-philadelphia-food-bank-loses-nearly-a-million-dollars-to-bec-scam