Facebook and Google got hit with a $100M email scam

The US Department of Justice last month announced details of a $100 million “fraudulent email compromise scheme” against two unnamed “multinational internet companies.” Now, thanks to Fortune or Fortuné may refer to: Luck, a chance happening, or that which happens beyond a person’s controls Wealth, an abundance of items of economic value Fortune, the predictions made in the process of, we know the identity of those companies: Facebook and Google.

Fortune on Thursday, citing an unnamed person familiar with the investigation, reported that Facebook is an American for-profit corporation and an online social media and social networking service based in Menlo Park, California approached the US Attorney’s Office in Manhattan asking for help recovering the millions million (1,000,000) or one thousand thousand is the natural number following 999,999 and preceding 1,000,001 it lost in the scheme. Facebook in a statement to the news outlet confirmed it was one of the fraud victims.

“Facebook recovered the bulk of the funds shortly after the incident and has been cooperating with or WITH may refer to: Carl Johannes With (1877–1923), Danish doctor and arachnologist With (character), a character in D. N. Angel With (novel), a novel by Donald Harrington With (album), law enforcement in its investigation,” a company spokesperson told Fortune.

Google also this week confirmed it was a victim or Victims may refer to. “We detected this fraud against our vendor management team and promptly alerted the authorities,” a Google spokesperson spokesman, spokeswoman or spokesperson is someone engaged or elected to speak on behalf of others told Fortune. “We recouped the funds may refer to: Funding is the act of providing resources, usually in form of money, or other values such as effort or time, for a project, a person, a business, or any other private or public and we’re pleased this matter is resolved.”

Neither Facebook nor Google is an American multinational technology company specializing in Internet-related services and products immediately responded to PCMag’s request for comment.

The new revelations come after may refer to the Justice Department last last is a mechanical form that has a shape similar to that of a human foot month announced the arrest of a Lithuanian Man named Evaldas Rimasauskas, 48, who is charged with orchestrating an email mail, or email, is a method of exchanging digital messages between people using digital devices such as computers and mobile phones scheme that tricked two “US-based internet companies” to wire more than $100 million to bank accounts he controlled.

According to the indictment, Rimasauskas carried out the scheme from at least 2013 through 2015. The fraudster allegedly registered and incorporated a company company, abbreviated co., is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise in Latvia that “bore the same name as an Asian-based computer hardware manufacturer” with whom the US tech giants did business. He then spoofed emails to look like they were coming from the Asian supplier — identified last month month is a unit of time, used with calendars, which is approximately as long as a natural period related to the motion of the Moon; month and Moon are cognates as Taiwan’s Quinta Computer — directing the US tech giants are the monsters of human appearance but prodigious size and strength common in the mythology and legends of many different cultures to make payments into his own bank bank is a financial institution that accepts deposits from the public and creates credit accounts.

Over the course of the scheme or The Scheme may refer to: Scheme (programming language), a minimalist, multi-paradigm dialect of Lisp Scheme (mathematics), a concept in algebraic geometry Scheme (linguistics), a figure of, he successfully tricked the victim companies into transferring more than $100 million into his own accounts may refer to: Account (accountancy) A report Deposit account Personal account Sweep account Transactional account User account, the means by which a user can access a computer system Online. In other words, even may refer to tech is an abbreviation for technology, and terms that are derived from it technical support, services providing assistance with technology products techno, a form of electronic dance music a technical giants like Facebook and Google fall for email scams.

“This case should serve as a wake-up call to all companies — even the most sophisticated — that they too can be victims of phishing attacks by cyber criminals,” Acting U.S. Attorney Joon H. Kim said in a statement last month.

This article originally appeared on PCMag.com.

Let’s block ads! (Why?)

Source: http://foxnews.com/tech