US Facebook 2013 Social Engineering (Q11074)
From Open Risk Data
A data breach risk event
| Language | Label | Description | Also known as |
|---|---|---|---|
| English |
US Facebook 2013 Social Engineering
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A data breach risk event
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Statements
f6038ea0-0b69-11e8-827c-bba53cbad290
January 2013
0 references
In 2013, a 40-something Lithuanian named Evaldas Rimasauskas allegedly hatched an elaborate scheme to defraud U.S. tech companies. According to the Justice Department, he forged email addresses, invoices, and corporate stamps in order to impersonate a large Asian-based manufacturer with whom the tech firms regularly did business. The point was to trick companies into paying for computer supplies. The scheme worked. Over a two-year span, the corporate imposter convinced accounting departments at the two tech companies to make transfers worth tens of millions of dollars. By the time the firms figured out what was going on, Rimasauskas had coaxed out over $100 million in payments, which he promptly stashed in bank accounts across Eastern Europe. (English)
