Social engineers steal $ 46 million from Ubiquiti Networks

Ubiquiti Networks has been hit by an massive social engineering attack. The hackers behind the social engineering attack have stolen 46 million from Ubiquiti Networks. The criminals approached the finance department of the company and claimed that they were employees of Ubiquiti Networks.

Once they had gained access to the Ubiquiti Networks environment, they started to transfer money from the Ubiquiti Networks to their criminal accounts.