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'Easier Than Robbing A Bank:' City of Chicago Almost Lost More Than $1 Million In Phishing Scam
From: InfoSec News <alerts () infosecnews org>
Date: Fri, 26 Apr 2019 08:17:16 +0000 (UTC)
https://chicago.cbslocal.com/2019/04/18/chicago-department-of-aviation-phishing-scam/ By Brad Edwards, Samah Assad CBS Chicago April 18, 2019CHICAGO (CBS) — The City of Chicago’s Department of Aviation thought it was paying an approved vendor more than $1 million for services earlier this year.
But your tax dollars didn’t reach them. The money almost went to what appeared to be a phishing scam that police are now investigating as a business email compromise.
While the city recovered the money, the incident almost cost taxpayers seven figures and raises red flags about the integrity of Chicago’s cyber-security system.
[...]
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