Shark Tank host, Barbara Corcoran loses $388,700 in phishing scam

South Jersey Techies

Barbara Corcoran of ABC’s “Shark Tank” has lost nearly $400,000 in a phishing scam this week. Corcoran told “People” that she was tricked as a result of an email scheme sent to her team.

The high-powered businesswoman told People that she received a scam invoice approving a real estate renovation, but she didn’t think twice about verifying it because she invests in real estate. It was only until her bookkeeper caught Corcoran’s assistant’s email was misspelled by 1 letter and it was later found to be the address used by the scammer.

“I was upset at first, but then remembered it was only money,” Corcoran told the magazine.

Corcoran’s assistant Emily Burke told CNN Business that the “Shark Tank” star wouldn’t provide any additional comment “at the advisement of her attorneys until the authorities are done investigating.”

However, Corcoran tweeted: “Lesson learned: Be careful when you wire money!” with a link to a TMZ story.

In addition to being an investor and a judge on the hit ABC show, Corcoran formerly owned the global real estate agency that shares her name. She sold it for $66 million in 2001.

Corcoran fell for a phishing scam. It’s common, too: Nearly 30,000 people reported being a victim of that type of scam last year. Together they reported nearly $50 million in losses, according to the FBI’s 2018 Internet Crime Report.

Phishing attacks are common methods of stealing usernames, passwords and money. Hackers pretend to be a trustworthy source to convince you to share personal data. To be safe, it’s important to make sure the sender is authentic before clicking on a link. Google has rolled out security protections that warns people of potential unsafe emails.

If you or your team have any questions or concerns please contact support at (856) 745-9990.



Office 365 Exchange Online

 

Work smarter, anywhere, with hosted email for business.

Security and reliability

Exchange Online helps protect your information with advanced capabilities. Anti-malware and anti-spam filtering protect mailboxes. Get a Exchange Online Protection Trial or Office 365 Professional Trial to see how good it works. Data loss prevention capabilities prevent users from mistakenly sending sensitive information to unauthorized people. Globally redundant servers, premier disaster recovery capabilities, and a team of security experts monitoring Exchange Online around the clock safeguard your data. And with a guaranteed 99.9% uptime, financially-backed service level agreement, you can count on your email always being up and running.

Stay in control

Maintain control over your environment while gaining the advantage of hosting your email on Microsoft servers. Manage your organization efficiently with the Exchange admin center, an easy-to-use, web-based interface. Run In-Place eDiscovery across Exchange, SharePoint, and Skype for Business data from a single interface through the eDiscovery Center. With mobile device policies, you can create approved mobile device lists, enforce PIN lock, and remove confidential company data from lost phones. And IT-level phone support is available to you 24 hours a day, 7 days a week.

Easy to use and maintain

It’s easier than ever to provide your users with the business email they need to stay productive. Automatic patching eliminates the time and effort of maintaining your system. Give your users an In-Place Archive, so they can keep all their important data in one place. And provide them with anywhere access to email, calendar, and contacts on all major browsers and across devices. Integration with Outlook means they’ll enjoy a rich, familiar email experience with offline access.

Have questions?

Our Hosted Cloud Solution team is here to help.

Call us at: 856-745-9990 or Visit: https://southjerseytechies.net/

To learn more and how Office 365 Exchange Online can benefit your business please contact South Jersey Techies, LLC. South Jersey Techies, LLC is a certified Small and Midmarket Cloud Solutions Microsoft Partner.

To read this article in its entirety click here.