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A Single Phish Email Cost One Company $37 Million In 2024, Orion SA disclosed that a single employee fell for a business email compromise scheme and wired approximately $60 million to a threat actor's accounts. The company recovered some funds, but the net loss still exceeded $37 million.
A Single Email Cost This Company $100 Million In 2015, Ubiquiti Networks disclosed that threat actors used spear phishing emails to impersonate executives and trick finance staff into wiring $46.7 million to overseas accounts. They eventually recovered some funds, but the damage was done. That wasn't a
