snapchat apology

Snapchat recently revealed it had been hit by a major phishing scheme targeting different companies’ payroll and personnel departments. The photo sharing and messaging service said its payroll department had been tricked by a fraudulent email impersonating its CEO, Evan Spiegel, which led to the release of employee W-2 tax forms to unauthorized persons.

Phishing schemes have become the bane of the modern Internet age. Companies – big and small – are frequently duped by fraudsters using spoofing emails, a situation that highlights the need for people to be more vigilant to avoid the headaches that typically follow a data breach or identity theft.

The Los Angeles-based Snapchat did not specify how many employee W-2 tax forms it released, but is said it was managing the situation.

“When something like this happens, all you can do is own up to your mistake, take care of the people affected, and learn from what went wrong,” the company said.

Snapchat isn’t the only company to have

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Source: Small Business Trends