Feeds

World's most gullible supermarket chain falls victim to online scam

Trying to get back $10m wired to bogus accounts

Remote control for virtualized desktops

Red-faced accountants from one of the biggest supermarket chains in the US are frantically trying to regain control of more than $10m lost after falling victim to online fraudsters.

Evidently, no one at Minnesota-based Supervalu bothered to confirm the authenticity of emails sent in late February. Purporting to come from two of the company's suppliers, the messages instructed Supervalu to wire all future payments to new bank accounts. One email purported to come from representatives of Frito-Lay and the other from American Greetings. Both suppliers have established relationships with the grocery chain.

The emails were phony, but within two days, Supervalu began moving money into the accounts. Over the course of a week, the company transferred $10,128941.94 in nine separate payments. One account was administered by HSBC Bank in Miami and the other by First Security Bank in Arkansas. Once Supervalu discovered the accounts were bogus, it alerted federal authorities, which quickly froze the accounts before the scammers could withdraw the money.

The sad tale was outlined in documents filed in US District Court in Idaho. Attorneys for Supervalu, which owns the Albertsons chain, are arguing that the company should recover the full amount because it was a victim, has committed no wrongdoing, and has cooperated fully with investigators. Gross gullibility is no legal deterrent to getting the money back, we gather.

The story was reported earlier by Computerworld. A Supervalu spokeswoman told the site that "due to our internal controls and processes, we were able to quickly discover and report this to the FBI." Any losses are likely to be minimal, she said. ®

Remote control for virtualized desktops

More from The Register

next story
UK smart meters arrive in 2020. Hackers have ALREADY found a flaw
Energy summit bods warned of free energy bonanza
DRUPAL-OPCALYPSE! Devs say best assume your CMS is owned
SQLi hole was hit hard, fast, and before most admins knew it needed patching
Knock Knock tool makes a joke of Mac AV
Yes, we know Macs 'don't get viruses', but when they do this code'll spot 'em
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Mozilla releases geolocating WiFi sniffer for Android
As if the civilians who never change access point passwords will ever opt out of this one
Why weasel words might not work for Whisper
CEO suspends editor but privacy questions remain
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The Heartbleed Bug: how to protect your business with Symantec
What happens when the next Heartbleed (or worse) comes along, and what can you do to weather another chapter in an all-too-familiar string of debilitating attacks?