Fake Zoom Phishing Attack
We thought you would find this Alert published by our business partner BW Cyber of interest.
BW Cyber Services wants to make you aware of a recent fake zoom phishing attack against an Australian Hedge Fund that forced it to close.
After simply clicking on a fake Zoom invite Levitas Capital was breached and became the victim of fraudulent wire transfers initially totaling more than $8.7 million dollars. While actions were undertaken to track down and stop many of the wires that were in progress, over $800,000 was ultimately lost and the business forced to close. The criminals are still at large. As we continuously stress in our cybersecurity training sessions, this is a tremendous threat that could be directed at and easily affect any asset manager who is not appropriately prepared.