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Hackers stole nearly $1M from Save the Children charity

<p>The Save the Children charity says hackers stole nearly $1 million from the nonprofit through a sophisticated email scam.</p>

News 12 Staff

Dec 14, 2018, 10:53 AM

Updated 2,012 days ago

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(AP) - Save the Children says hackers stole nearly $1 million from the nonprofit through a sophisticated email scam.
The Boston Globe reports that scammers hacked into the email of a worker at the charity's U.S. offices last year, posed as an employee, and created false invoices and other documents to fool the nonprofit into sending nearly $1 million to a fraudulent entity in Japan.
The scammers claimed the money was needed to purchase solar panels for health centers in Pakistan, a country where Save the Children has worked for decades.
The Save the Children Federation , the Fairfield, Connecticut-based U.S. affiliate of the international organization, said its insurance reimbursed all but $112,000 of the stolen funds.
The charity has since tightened its cybersecurity and bank transfer protocols to prevent fraud.
Information from: The Boston Globe, http://www.bostonglobe.com
Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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