Treasury Cyber Payment Scandal
Sri Lankan government allegedly paid USD 2.5 million to cyber criminals through a business email compromise incident. Opposition politicians are calling for investigations and accountability regarding this public funds payment.
Cyber criminals pulled off the ultimate phishing expedition - turning government IT security into a catch-and-release program where they're always the ones getting away! Who needs a heist movie when bureaucratic email replies can be more suspenseful than Ocean's Eleven?
CoPF to summon Finance Ministry officials over USD 2.5M payment issue – Harsha Read more: https://t.co/pDBJbz4krq #lka #srilanka #adaderana #news #lanka #SriLankaNews #SriLanka https://t.co/6ozKRlUiDv
Sajith calls for Parliamentary Select Committee to probe US$2.5M treasury payment Read more: https://t.co/nx8MwI9nPA #lka #srilanka #adaderana #news #lanka #srilankanews #treasury #Parliamentary
So #lka Govt Treasury paid out USD 2.5m or LKR 790m of PUBLIC FUNDS to cyber criminals who deployed Business Email Compromise (BEC) method, exploiting human users as weakest link in a system. What good is elaborate #cybersecurity when IT-illiterate babus can be ‘hacked’ far more https://t.co/ZpBDb8gWNa