A Glasgow based media group is suing a former employee before the Court of Session in Edinburgh.
The company was the victim of “CEO fraud” – also known as “Business Email Compromise”, when the employee acted on what appeared to be an email from the managing director, transferring almost £200,000 into the scammer bank account.
Although some of the stolen money was refunded by the bank, the outstanding sum of £107,984 is being claimed in the lawsuit.
It’s claimed that a bank warning was ignored and that the employee acted negligently, however in her defence, the credit controller’s legal team have said she had never received any training in how to spot this type of fraud. They are asking that the case, as a result, be dismissed.
The scam took place 2015, although it is only now coming to court and highlights the increasing risk to organisations from this type of fraud.
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