• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’

3

Gen Z can't figure out how to talk to their millennial and Gen X bosses—and it's becoming a workplace crisis

1

The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

2

The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’

3

Gen Z can't figure out how to talk to their millennial and Gen X bosses—and it's becoming a workplace crisis
TechSnapchat

Snapchat Admits Getting Scammed and Leaking Employee Data

By
Kia Kokalitcheva
Kia Kokalitcheva
Down Arrow Button Icon
By
Kia Kokalitcheva
Kia Kokalitcheva
Down Arrow Button Icon
February 29, 2016, 3:08 PM ET
Snapchat Raising Money That Could Value Company At Up To $19 Billion
The Snapchat Inc. app is seen on an Apple Inc. iPhone 5s displayed for a photograph in Washington, D.C., U.S., on Wednesday, Feb. 18, 2015. Photograph by Andrew Harrer — Bloomberg via Getty Images
Add Fortune on Google for similar content.

It doesn’t matter if you work at an old company that lacks tech savvy or one of the hottest tech startups around: No one is immune to phishing scams, as Snapchat proved this weekend.

On Sunday, the ephemeral messaging app revealed on its blog that the data of some of its employees, current and past, has been compromised. On Friday, a scammer impersonated the company’s CEO, Evan Spiegel, and sent a phishing email asking for payroll information to an employee in that department. Unfortunately, neither Snapchat’s security system, nor the employee realized it was a scam, and the data was “disclosed externally,” the company explains.

Snapchat says it took action within four hours, confirming it was an isolated phishing incident and reporting it to the FBI. It’s also offering two years of free identity-theft insurance and monitoring to employees affected by the leak, and is beefing up its security training for employees to help avoid such incidents in the future.

The good news is that user data and the company’s data servers are safe, Snapchat says, clearly still sensitive about the topic more than two years after a massive amount of data was leaked on Dec. 24, 2013. The company has also faced other security challenges over the year, including charges from U.S. regulators over its allegedly false claims that photos and videos aren’t stored anywhere once viewed. Snapchat settled the charges in May 2014.

 

Founded in 2011, Snapchat is currently valued at $16 billion and has more than 100 million daily active users.

About the Author
By Kia Kokalitcheva
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in Tech


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.