Spear-Phishing Scam Nearly Nets Big Tuna

A Condé Nast representative signed and returned the form via a fax number listed in the e-mail, and began making electronic transfer payments. A total of about $8 million was wired to the "Quad Graph" account between Nov. 17 and Dec. 30. The scam was discovered when Quad/Graphics reached out to the publisher regarding outstanding bills.