Trinity College spent €184,000 investigating cyberfraud loss

Ireland“Trinity College Dublin has spent €184,000 on IT specialists to investigate how the college was defrauded of nearly €800,000 last year, and on legal fees to try recover the funds. Early last year an unauthorised individual gained access to the email account of an employee working in the fundraising arm of the college, and transferred €790,741 from the Trinity Foundation account …” (more)

[Jack Power, Irish Times, 8 October]

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