Nasty phishing exploit uses social engineering to get vital info

Wolf 

Dyre Wolf attack swipes $1 million in wire transfers
[Via Engadget]

Hackers continue their brazen attacks on organizations and are even having their victims call them on the phone to hustle them out of their company’s money. That’s what IBM’s Security Intelligence division has discovered while researching a malware-based attack they have dubbed The Dyre Wolf that’s responsible for stealing more than $1 million. The coordinated campaign uses targeted spear phishing emails, malware and good ol’ chatting-on-the-phone social engineering to go after organizations that use wire transfers.

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Pretty sophisticated. And very likely to work if people are not warned what to look for.