A Lithuanian man and associates developed an email phishing scheme that would eventually lead Google and Facebook to pay out about $120 million in two years. The breakdown netted $23 million from Google in 2013 and $98 million from Facebook in 2015, according to Bloomberg. Evaldas Rimasauskas, who led the phishing attack, sent fake invoices via emails to employees of Google and Facebook, pretending to represent Taiwanese hardware maker Quanta Computer. The emails from the scammers told Facebook and Google workers that the companies owed Quanta money, and then instructed them to make payments to a bank account controlled by them. Click Read More below for additional detail.
Always an area for speculation and consternation, the USPS is keeping us guessing on what will be included in their 10-year plan to Congress on long-time survivability. In the meantime, businesses should be prepared for some potential short-terms changes, including the possibility of the United States pulling out of the Universal Posting Union.
Helping us all understand what we are facing at the moment, Chris Lee and Anita Pursely shared their insights in this Industry Corner Podcast.
Pursley, senior manager at BBC Software and a recognized postal rates expert, attended the Postal Operation Technology Committee meeting in Minneapolis this spring, and relates what she learned from Steve Phelps, USPS’ acting VP of pricing and costing. She came away with a handful of insights:
1. Marketing mail flats are going up by around 4%
2. Weight break on marketing mail flats under evaluation
Will the US leave the Universal Postal Union?
more details at source: http://freeportpress.com/big-changes-could-be-looming-for-postal-customers/