MacEwan report into $11.8M phishing scam loss delivered to government

MacEwan University has delivered a report to the Alberta government examining how it lost $11.8M in a phishing scam last month. After the incident, the university was ordered by AB’s Department of Advanced Education to produce and deliver a full report from university administrators looking into the events surrounding what the Edmonton Journal calls one of Canada’s largest-ever publicly disclosed email phishing scams. University Spokesman David Beharry told reporters that Board of Governors Chairwoman Ione Challborn signed off on the report Thursday and that it has been submitted to the province. “The internal investigation of the incident continues through our internal audit function with a focus on financial controls,” Beharry added. “We continue to focus on recovery efforts to retrieve the funds, but we know that will take time.” Edmonton Journal