Hacker stole 700,000 from U.K. energy company by redirecting payment | TechCrunch

Image for article Hacker stole 700,000 from U.K. energy company by redirecting payment | TechCrunch
News Source : TechCrunch

News Summary

  • British oil and gas company Zephyr Energy says someone stole £700,000 (close to $1 million) from one of its U.S.-based subsidiaries.
  • The company did not say how the incident occurred, but hackers are known to break into email inboxes or accounting systems and use that access to alter bank account and routing numbers.
  • The FBI said in its most recent annual report published on internet cybercrime earlier in April that these attacks remain one of the top sources of financial losses.
British oil and gas company Zephyr Energy says someone stole 700,000 (close to $1 million) from one of its U.S.based subsidiaries by redirecting a payment meant for a contractor into a hackercontr [+1122 chars]

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