INSUBCONTINENT EXCLUSIVE:
Shark Tank's Barbara Corcoran has lost almost $400,000 to cybercriminals after her office recently fell victim to a phishing scam.The
incident began last week when Corcoran's bookkeeper received an email regarding an invoice related to a real estate renovation
email chain sent to my company
It was an invoice supposedly sent by my assistant to my bookkeeper approving the payment for a real estate renovation
pretending to be Corcoran's assistant, up until the wire transfer of $400,000 was complete.The scammer was able to trick the Shark Tank
the scammer created a fake email address that was almost identical to theirs except for the fact that it was misspelled by one letter.The
scammer has since disappeared but Corcoran's IT team was able to trace the emails back to a Chinese IP address according to TMZ, who first
broke the story.While the Shark Tank star may be out of almost $400,000, her story illustrates the point that it takes an entire
organization to successfully fight against phishing as even one weak link can leave an organization vulnerable.Via PEOPLE
