Ca: MacEwan University defrauded of nearly $12M in phishing scam

Caley Ramsay reports:

MacEwan University said its IT systems are secure after the institution was defrauded of nearly $12 million in a phishing scam compounded by human error.

The university learned it was the victim of an attack last Wednesday, Aug. 23 after a series of fraudulent emails “convinced university staff to change electronic banking information for one of the university’s major vendors.”

Read more on  Patrick Nohe calls this a cautionary tale over on HashedOut.

Related: MacEwan statement

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