Two major US technology firms 'tricked out of $100M'
People would legitimately be surprised to learn how low tech ordering&#x2F;invoicing&#x2F;remittances remain in 2017 even for half billion dollar contracts.<p>There&#x27;s very little automation, even EDI is the exception rather than the rule (particularly for one off orders), most are either still paper, fax, or insecure email.<p>Email remains pretty broken. You&#x27;ll be lucky to get end to end encryption, and once it arrives it is hard to make assurances that the sender really sent it (or even the sender&#x27;s domain).<p>People have tried to fix email but nothing as ambitious as TLS&#x2F;HTTPS has been. And getting people to use a more secure platform built on top of HTTPS is likely a non-starter...<p>So what can be done? I legitimately don&#x27;t know. Even snail mail can be &quot;hacked&quot; via sending a plausible sounding invoice to the right address at the right time.