Security News > 2017 > September > Canadian university scammed out of $11.8 million (Help Net Security)

MacEwan University in Edmonton, Alberta, is the latest confirmed victim of scammers. “On Wednesday, August 23, MacEwan University discovered it had been the victim of a phishing attack. A series of fraudulent emails convinced university staff to change electronic banking information for one of the university’s major vendors. The fraud resulted in the transfer of [Canadian] $11.8 million to a bank account that staff believed belonged to the vendor,” the Canadian university shared. After the … More →

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