Fraudsters stole $800k from Irish firm after sneaking into email exchanges
Logix Aero Ireland lost over $820,000 due to a sophisticated email fraud scheme where a scammer impersonated communication between the Irish and Thai companies.
Many believe that Electronic Data Interchange solutions are outdated, soon to be replaced by APIs. But the numbers tell a different story- EDI usage continues to grow, proving its value in structured, error-free data exchange.