'Easier Than Robbing A Bank:' City of Chicago Almost Lost More Than $1 Million In Phishing Scam

[InfoSec News <alerts () infosecnews org>]

https://chicago.cbslocal.com/2019/04/18/chicago-department-of-aviation-phishing-scam/

By Brad Edwards, Samah Assad
CBS Chicago
April 18, 2019

CHICAGO (CBS) — The City of Chicago’s Department of Aviation thought it was 
paying an approved vendor more than $1 million for services earlier this year.

But your tax dollars didn’t reach them. The money almost went to what appeared 
to be a phishing scam that police are now investigating as a business email 
compromise.

While the city recovered the money, the incident almost cost taxpayers seven 
figures and raises red flags about the integrity of Chicago’s cyber-security 
system.

[...]

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