Post #1663646

Interesting story of an Irish company falling victim to BEC fraud. Criminals hijacked an employee’s email account in the victim company. They then used that account to send payment instructions to the company’s outsourced financial admin company. The victim company lost €2 million. The victim company is now suing the payments company on the basis that the payment company should have spotted that the emails were fraudulent https://m.independent.ie/irish-news/courts/company-has-more-than-2m-stolen-from-account-following-cyber-attack/a479313478.html