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Puerto Rico now importing Phish - Puerto Rico's government phished out of 2.6 Million

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  • Puerto Rico now importing Phish - Puerto Rico's government phished out of 2.6 Million


    Source:
    Associated Press





    Summary:




    Puerto Rico's Government was scammed out of $2.6 Million USD after falling for a phishing email




     




    Quotes/Excerpts:




    Quote





    Puerto Rico’s government has lost more than $2.6 million after falling for an email phishing scam. The finance director of the island’s Industrial Development Company...said...Wednesday that the agency sent the money to a fraudulent account. The government agency transferred the money on Jan. 17 after receiving an email that alleged a change to a banking account tied to remittance payments. Manuel Laboy, executive director of the agency, told The Associated Press that officials found out about the incident earlier this week and immediately reported it to the FBI. “This is a very serious situation, extremely serious,” he said. “We want it to be investigated until the last consequences.” Laboy declined to say how officials found out about the scam. He said an internal investigation is under way to determine whether someone was negligent or did not follow standard procedure, adding that government officials are trying to recover the money. “I cannot speculate about how these things might happen,” he said. Laboy added that his agency takes the management of public funds very seriously. “It’s a big responsibility.” Police did not return calls for comment.








     




    My Thoughts:

    Normally Puerto Rico exports fish, specifically tuna, but it looks like they've decided to import some phish instead. Regardless, big oof for Puerto Rico, as far as I'm aware, it's pretty uncommon for a government itself to be phished.



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