Europe’s Largest Airline Falls Prey to $5 Million Cyber-Theft

Wednesday, April 29, 2015
By Paul Martin

SilverDoctors.com
April 29, 2015

Europe’s largest airline has admitted that hackers have transferred €4.5m from a Ryanair dollar account to a Chinese bank.
Although the sum stolen was relatively small in corporate terms and appears to have been tracked and frozen quite quickly, the incident – yet again – highlights the threat posed by cyber-crime to today’s banking and financial systems.
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