Security Expert Re: Non-Profit Philadelphia Food Bank Loses Nearly A Million Dollars To BEC Scam

By   ISBuzz Team
Writer , Information Security Buzz | Dec 03, 2020 07:28 am PST

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.