Crook breaks into AI biz, points $250K wire payment at their own account

November 19, 2024 at 07:35AM Maryland AI company iLearningEngines reported a $250,000 loss from a wire transfer fraud linked to a business email compromise scheme. Following the incident, the company activated its cybersecurity response plan and engaged external experts. Despite containing the situation, iLearningEngines faces potential legal scrutiny and adverse impacts on operations and stock … Read more