Chinese hackers stole $18.6 million from Indian arm of Italian engineering firm Tecnimont SpA, an Italian engineering company. Scam included impersonating the firm’s chief executive and organizing conference calls to discuss a “confidential” acquisition in China. Incident highlights lack of awareness of business email compromise attacks, especially in manufacturing sector. BEC campaigns caused more than $12.5 billion in actual and attempted losses around the world, including $2.9 billion in the U.S., according to new statistics from the FBI.”]
Source: https://www.careersinfosecurity.com/bec-scam-leads-to-theft-186-million-a-11930