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Philly Food Bank Loses $1m in BEC Scam
A Philadelphia food bank has been scammed out of nearly $1m following a classic business email compromise (BEC) attack, it has emerged. Philabundance is the region’s largest hunger-relief organization and receives tens of millions of dollars in donations every year. Earlier this year, it was in the process of completing a new $12m community kitchen, which is when it was sent an invoice by what managers thought was a construction company supplier. However, the email was in…
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