Security News > 2018 > November > French Cinema Chain Fires Dutch Executives Over 'CEO Fraud'

$21 Million Lost to Business Email Compromise FraudstersFrench film production and distribution company Pathe fired the two senior managers overseeing its Dutch operations after they fell victim to a business email compromise scam and approved $21 million in transfers to fraudsters. Many organizations remain at high risk from such scams.

News URL

https://www.inforisktoday.com/blogs/french-cinema-chain-fires-dutch-executives-over-ceo-fraud-p-2681