Media conglomerate Nikkei Inc. has fallen victim to a business email compromise (BEC) scam that fleeced the company out of $29 million. The scam stems from a September incident involving an employee of a U.S. subsidiary of the Japanese media giant. BEC scams are squeezing more money than ever out of victims, with losses from the attacks almost doubling year-over-year in 2018 to reach $1.2 billion, according to the FBI s annual Internet Crime Report.
Source: https://threatpost.com/bec-scam-nikkei-29-million/149834/