Shipping Company hit by Business Email Compromise (BEC) in Limassol, Cyprus

Year

2015

Month

July

Reference number

20150701

Impact area

Shore

Incident location

Limassol

Incident country

Cyprus

Victim country

Cyprus

Victim identity

A Shipping Company

Victim Type

Shipping Company

Method

Phishing

Attacker country

Poland

Summary:

In July 2015, a Shipping Company was hit by a phishing attack in Limassol, Cyprus. The attackers pretended to be a bunker supplier (a company in Africa) and asked for the payment to be remitted to another bank account, in order to make money. The company complied, only to find out it had been defrauded when it later received an email from the real fuel company asking for payment. The bunker supplier, which were Polish criminals, stole $644.000 from the Shipping Company.

Reference URL

https://splash247.com/hackers-steal-644000-from-a-cyprus-shipping-company/
https://aapa.files.cms-plus.com/SeminarPresentations/2016Seminars/2016SecurityIT/K.%20Belmont%20-%20AAPA%20Maritime%20Cybersecurity%20FINAL.pdf
https://www.maritime-executive.com/article/hackers-steal-from-cyprus-shipping-company
https://backend.orbit.dtu.dk/ws/portalfiles/portal/218483747/190401_Analyzing_the_Attack_Surface_of_Ships.pdf