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Canadian City Fell Prey to a $375K Phish
Saturday, June 15, 2019
According to Global News Canada, none of Burlington’s systems have been impacted by the transaction. At this time, the city is not providing any additional information, but experts advise that all organizations continue to invest in their human capital via security training and awareness.
“Humans remain the weakest link in any organization. Properly implemented security controls can reduce the risk of human error but not eliminate it. Worse, cyber-criminals will now purposely target smaller organizations that cannot afford to invest in their cybersecurity,” said Ilia Kolochenko, founder and CEO of web security company ImmuniWeb. Read Full Article
SecurityWeek: Canadian City Loses $500,000 to Phishing Attack
IT World Canada: Ontario city stung for $503,000 in switched bank account fraud
