Thu. Nov 21st, 2019

Future Security

State of Security for now and the future

Hackers fooled Save the Children into sending $1 million to a phony account

1 min read

Todd Wallack reports:

Save the Children Federation, one of the country’s best-known charities said it was the victim of a $1 million cyberscam last year.

The Connecticut-based nonprofit said hackers broke into a worker’s e-mail, posed as an employee, and created false invoices and other documents, to fool the charity into sending nearly $1 million to a fraudulent entity in Japan. The con artists claimed the money was needed to purchase solar panels for health centers in Pakistan, where Save the Children has worked for more than 30 years.

Read more on Boston Globe.

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