Security News > 2015 > March > Spoofing the Boss Turns Thieves a Tidy Profit (Krebs on Security)

Judy came within a whisker of losing $315,000 in cash belonging to her employer, a mid-sized manufacturing company in northeast Ohio. Judy's boss had emailed her, asking her to wire the money to China to pay for some raw materials. The boss, who was traveling abroad at the time, had requested such transfers before -- at even higher amounts to manufacturers in China and elsewhere -- so the request didn't seem unusual or suspicious. Until it did.

News URL

http://krebsonsecurity.com/2015/03/spoofing-the-boss-turns-thieves-a-tidy-profit/