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

CN
CitrixNews Staff
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Hacker stole £700,000 from U.K. energy company by redirecting payment

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 hacker-controlled account.

In a regulatory filing with the London Stock Exchange on Thursday, the company said it is “working with the corresponding banks and consultants to attempt to recover the diverted funds.”

Originally reported by TechCrunch