Locks and Security News: your weekly locks and security industry newsletter
20th May 2020 Issue no. 508
Your industry news - first
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Two major US technology firms 'tricked out of $100m'
A Lithuanian man has been charged with tricking two US technology firms into wiring him $100m (£80.3m) through an email phishing scam. Posing as an Asian-based manufacturer, Evaldas Rimasauskas tricked staff into transferring money into bank accounts under his control, US officials said.
The companies were not named but were described as US-based multinationals, with one operating in social media. Officials called it a wake-up call for even "the most sophisticated" firms.
29th March 2017