Cyber Security

Hackers preying on US companies send the cash to China and Hong Kong

“Hackers have stolen billions of dollars from American companies by impersonating CEOs in an email scam — and the loot gets wired to banks in China and Hong Kong 83% of the time.
James C. Trainor Jr., assistant director of the FBI’s cyber division, highlighted the reach of the email scam during a speech at the International Conference on Cyber Security on Tuesday in New York City.”

Source: Hackers preying on US companies send the cash to China and Hong Kong – Jul. 26, 2016

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