Security News > 2019 > November > Nikkei hit by BEC scammers, loses $29 million

Japanese media company Nikkei Inc. is the latest organization to be fleeced by BEC scammers, to the tune of $29 million. What happened? The company confirmed last week that, in late September, an employee of its US subsidiary,”had transferred approximately 29 million United States dollars (approximately 3.2 billion Japanese Yen) of Nikkei America funds based on fraudulent instructions by a malicious third party who purported to be a management executive of Nikkei.” Nikkei America quickly … More → The post Nikkei hit by BEC scammers, loses $29 million appeared first on Help Net Security.

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/iZC48zhAuio/