MacEwan loses $11.8M to phishing scam

MacEwan University has stated that it was the target of a phishing attack that saw the university transfer $11.8M into a bank account that was believed to belong to a vendor. Staff were reportedly fooled by a series of fake emails asking them to change electronic banking information for one of the school’s major vendors. “There is never a good time for something like this to happen, but as our students come back to start the new academic year, we want to assure them and the community that our IT systems were not compromised during this incident,” said university spokesman David Beharry. “We also want to emphasize that we are working to ensure that this incident will not impact our academic or business operations in any way.” MacEwan | Edmonton Journal | Toronto Star (CP)