According to sources, University of Central Florida (a Education organization in Florida) was hit with a cyber attack. It was first reported on 2024-12-17.

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Source 1  |  2024-12-17

Thieves steal $107,625 from UCF in sophisticated hacking scheme

“Thieves stole $107,625 from the University of Central Florida in Orlando by hacking into a vendor’s computers, tricking officials into transmitting money to a different bank account then swamping the school’s email system so it didn’t notice warnings about the fraud, according to a newly released audit.“

“By the time the university noticed 12 days later that it had been victimized, nearly all the money had vanished. There were no reports of arrests in the case. “

“On May 10, the university’s finance department received an email from a vendor to cancel an $84,625 payment and send the check to a new bank account instead. University employees did not realize the vendor’s email had been compromised. The transaction was entered into the university IT system and was submitted for approval by the assistant controller on May 15. “

“Email chain hijacking is a dangerous and highly effective method of phishing attempts by cyber criminals that can steal money, credentials and sensitive information. https://seculore.com/resources/phishing-tournaments-dont-get-caught-in-the-net/“

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