A mouse looked through the crack in the wall to see the farmer and his wife open a package. "What food might this contain?" The mouse wondered. He was devastated to discover it was a mousetrap. Retreating to the farmyard, the mouse proclaimed this warning: "There is a mousetrap in the house! There is a mousetrap in the house!" The chicken clucked and scratched, raised her head and said, "Mr. Mouse, I can tell this is a grave concern to you, but it is of no consequence to me. I cannot be bothered by it." The mouse turned to the pig and told him, "There is a mousetrap in the house! There is a mousetrap in the house!" The pig sympathized, but said, "I am so very sorry, Mr. Mouse, but there is nothing I can do about it but pray. Be assured you are in my prayers." The mouse turned to the cow and said, "There is a mousetrap in the house! There is a mousetrap in the house!" ...
In 2019, Toyota Boshoku Corporation, a major European supplier of Toyota auto parts, fell victim to a Business Email Compromise (BEC) scam, resulting in a loss of approximately $37 million (¥4 billion). Cybercriminals impersonated a business partner of the Toyota subsidiary via email. They successfully manipulated an employee in the finance department to change bank account details and transfer funds to an account controlled by the scammers. The fraudulent transfer occurred on August 14, 2019. Toyota Boshoku became aware of the fraudulent activity shortly after it happened and promptly launched an investigation involving legal professionals. They also reported the incident to the local investigating authorities and have been cooperating fully in the ongoing efforts to recover the stolen funds. BEC scams like this rely on social engineering tactics rather than technical hacking. The perpetrators often impersonate trusted entities, such as executives or business partners, to deceive empl...
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