Hedge Fund Collapses After Paying Cybercriminals $8.7 Million

A Sydney-based hedge fund has been forced to close its doors after paying cybercriminals more than $8.7M in fake invoices, signaling the importance of information security to minimise the potential of fraudulent transactions and actions from cybercriminals.  Reports are emerging that the hedge fund was forced to close after paying cybercriminals $8.7M in fraudulent invoices … Continue reading Hedge Fund Collapses After Paying Cybercriminals $8.7 Million