Coastal Carolina University works to recover money stolen in phishing scam

Lisa Gresci reports:

Coastal Carolina University continues to work to recover money that was stolen from the college in a phishing scam.

A release from CCU stated an individual who claimed to represent a company under contract with the university contacted its financial services via email and requested to change the company’s bank account information.


Thanks to quick action, university officials said they’ve recovered more than $564,000 of the more than $1 million taken. On campus, additional “cybercrime safeguards” will be installed to make sure nothing like this happens again.

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