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In 2019, a Lithuanian national named Evaldas Rimasauskas pleaded guilty to stealing over $100 million from Google and Facebook using nothing more than a series of fake email messages. He impersonated a legitimate hardware vendor, sent invoices from a lookalike domain, and two of the most technologically sophisticated companies on
In January 2024, a finance worker at British engineering firm Arup was tricked into wiring $25 million to criminals after a video call — a call that started with a single fake email. The message looked like it came from the company's CFO. Everything about it — the sender name,
In March 2022, the FBI's Internet Crime Complaint Center reported that Business Email Compromise — attacks built on a single convincing fake email — caused $2.4 billion in adjusted losses in 2021 alone. That made it the most financially devastating cybercrime category in the entire FBI IC3 annual report.
A Single Fake Email Cost Facebook and Google $120 Million Between 2013 and 2015, a Lithuanian man named Evaldas Rimasauskas sent a series of fake email messages to employees at Facebook and Google. He impersonated a legitimate hardware vendor, complete with forged invoices and contracts. By the time both companies
In 2023, the FBI's Internet Crime Complaint Center reported that business email compromise — a sophisticated category of fake email — caused adjusted losses exceeding $2.9 billion in a single year. That wasn't from exotic zero-day exploits. It was from emails that looked real but weren'
