TechCompany reportedly nearly lost $120,000 to scammers impersonating its chairman on Microsoft Teams
The Straits Times describes the attempted fraud as a business email compromise scam—one that exploits communication channels employees trust.
TLDR
Scammers posed as a company’s chairman in a Microsoft Teams chat, and the firm almost lost $120,000, The Straits Times reports. The outlet describes such business email compromise scams as exploiting trusted communication channels used by employees.
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Company reportedly nearly lost $120,000 to scammers impersonating its chairman on Microsoft Teams
The Straits Times describes the attempted fraud as a business email compromise scam—one that exploits communication channels employees trust.
TLDR
Scammers posed as a company’s chairman in a Microsoft Teams chat, and the firm almost lost $120,000, The Straits Times reports. The outlet describes such business email compromise scams as exploiting trusted communication channels used by employees.