Saturday, April 9, 2011

Condé Nast scammed out of $8 million with single spear phishing email

Condé Nast - the company that publishes popular magazines such as Vogue, GQ, Architectural Digest, Wired, Vanity Fair, and many others - has been nearly defrauded of almost $8 million with a single, well-crafted spear phishing email.

The perp was caught, but this case demonstrates how the proper use of reconnaissance can lead to an efficient, yet devastating attack.

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