#cyber_attack

Leoni, one of Europe’s biggest electric cable manufacturer lost 40 million EUR through a phishing scam

The incident took place August 12th 2016, in the city of Bistria, northern Romania.

It seems that a young woman working as CFO at Leoni’s Bistrita factory was the target of the scam, when she received an email spoofed to look like it came from one of the company’s top German executives.

The attackers seem to have studied the company first, because the email seems to have been crafted in such a way to take into account Leoni’s internal procedures for approving and transferring funds.

▻http://news.softpedia.com/news/one-of-europe-s-biggest-companies-loses-40-million-in-online-scam-50

The attack Leoni suffered is known under different names, such as a whaling attack, a BEC (Business Email Compromise), or CEO fraud.

#cybercrime #cyber_crime #cyber_attack #fraud #scam

Foreign #hackers targeted U.S. water plant in apparent malicious #cyber_attack, expert says - The Washington Post
►http://www.washingtonpost.com/blogs/checkpoint-washington/post/foreign-hackers-broke-into-illinois-water-plant-control-system-industry-expert-says/2011/11/18/gIQAgmTZYN_blog.html

Foreign hackers caused a pump at an Illinois water plant to fail last week, according to a preliminary state report. Experts said the cyber-attack, if confirmed, would be the first known to have damaged one of the systems that supply Americans with water, electricity and other essentials of modern life.

“It was tracked to Russia. It has been in the system for at least two to three months. It has caused damage.