Naveen's Substack: Bytes & Biceps

Naveen's Substack: Bytes & Biceps

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Naveen's Substack: Bytes & Biceps
Naveen's Substack: Bytes & Biceps
How Toyota Lost $37 Million: A Lesson for Finance Workers

How Toyota Lost $37 Million: A Lesson for Finance Workers

A single mistake in financial management can lead even a successful company like Toyota to lose millions.

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Neil Naveen
Aug 20, 2023
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Naveen's Substack: Bytes & Biceps
Naveen's Substack: Bytes & Biceps
How Toyota Lost $37 Million: A Lesson for Finance Workers
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Toyota lost $37 million to a social engineering scam that didn't involve high-tech maneuvers. Simply put, it was all boiled down to a single, well-placed phone call.

Think about this scenario. You're at your desk, sifting through your emails. One stands out because it's from the CEO. He's overseas, working on a big business deal. But there's a snag. He c…

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