Pune firm loses 24k Euros due to single-letter email scam

  • A Pune-based firm suffered a loss of over 24,000 Euros in a ‘man-in-the-middle’ cyber attack due to a single-letter discrepancy in an email address.
  • Cyber criminals mimicked the email of a French company’s sales manager, causing the Pune firm to transfer funds to a fraudulent Portuguese bank.
  • The cybercrime was revealed when the French company claimed non-receipt of payment, triggering a review that revealed the email fraud.
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