As every segment of our society becomes increasingly connected, all companies are becoming technology companies.

When a settlement payment is unknowingly sent to a hacker; should the payor have to pay again, or should the payee forego the payment?

According to a complaint filed in federal court, Quality Plus Services, Inc, claims that earlier this year it discovered it was a victim of social engineering fraud resulting in a combined loss of $1,633,018.00. On five separate occasions, QPS received spoofed emails with payment instructions. Each of the emails adopted the form, intonation, and direction typical of the handling of QPS accounts. The emails were engineered to look like that of an employee authorized to give p