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BEC Scam Results in $39.1 Million Loss for Ubiquiti Networks
By David Bisson on Fri, 08/07/2015
A Business Email Compromise (BEC) scam has resulted in a $39.1 million loss for Ubiquiti Networks, an American technology company that manufactures wireless networking products. On August 6th, Ubiquiti Networks issued a press release summarizing the results of its fourth fiscal quarter of 2015, which ended on June 30, 2015. The company reveals in...