Connect with us

Business

Hacked Sydney hedge fund part of $170m cyber crime spree – The Australian Financial Review

The $8.7 million cyber hit on Sydney hedge fund Levitas Capital was one of almost 2000 similar hacks over the past five months, according to federal government…

Published

on

“This is a priority area for the AFP, as we see it as a growing threat to Australia,” Commander Goldsmid told The Australian Financial Review.
“Criminals are clearly using email to exploit trusted relationships in business processes.”
The establishment of the AFP taskforce comes as The Australian Financial Review reported on Monday how a fake Zoom invitation was used to compromise the email system of Levitas Capital.
This allowed the hackers to send three fake invoices worth $8.7 million from the…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending