All tagged BEC

Shark Caught in Phishing Scam Shares Cautionary Tale

An employee of Shark Tank star Barbara Corcoran thought it was a routine wire transfer. The email request did not look unusual, and the amount of the transfer did not raise suspicion. But it was a clever scam, and nearly $400,000 was deposited into the bank account of a phishing scammer. Corcoran, who is well known as one of the “sharks” on ABC’s TV show, Shark Tank, shared details of a cybersecurity breach at her company with ABC News.

"This morning I wired $388,000 into a false bank account…