How much money is lost to email scams every year?

  • $10 million
  • $300 million
  • $1 billion
  • $12 billion correct

    "Sure Nigerian Prince! I will send you $5,000 to get you out of Turkish prison!" When you say it out loud, it doesn't make any sense, but it has happened more times than most are probably willing to admit -- somewhere around 12 billion times to be specific. The newest one is called the "CEO scam" when a hacker uses a CEO's email address to have an employee wire money into an offshore account. So remember folks, the next time your CEO tells you he needs money wired to his house in Paraguay, but he spells the name of the company wrong, you may want to ask him about it in person.

  • ON A DAY
    LIKE TODAY
    07/24
  • Fact of the day

    So far Rio de Janeiro has spent $25 billion on their 2016 Olympic infrastructure
  • This day in 1911

    Hiram Bingham discovers Machu Picchu, the Lost City of the Incas
  • FAMOUS BIRTHDAYS

    • Amelia Earhart

      Atchison, Kansas
    • Barry Bonds

      53 years old | Riverside, California
    • Jennifer Lopez

      48 years old | Bronx, New York
    • Alexandre Dumas

      Aisne, France