The phishing scam that cost Puerto Rico's government over $2.6 million

The Puerto Rico government was just scammed more than $2.6 million dollars through an email.

@Jak_ConnorTT
Published Fri, Feb 14 2020 2:07 AM CST   |   Updated Tue, Nov 3 2020 11:45 AM CST

Phishing scams are currently one of the most common ways to scam someone, and while you'd probably think that it would never happen to you, it just happened to the Puerto Rico government.

The phishing scam that cost Puerto Rico's government over $2.6 million | TweakTown.com

In a new report by the Associated Press, the Puerto Rico government transferred funds equating to over $2.6 million dollars to a phony bank account through a phishing scam. The incident was discovered just this past week, and at the moment, government officials are working with the FBI to recover the stolen funds.

So how did this happen? According to Ruben Rivera, who is the finance director of Puerto Rico's Industrial Development Company, the department received an email that said that a bank account that was tied to government payments needed changing. In response to the email, officials transferred the funds into the changed bank account, which they later discovered was fraudulent.

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NEWS SOURCE:engadget.com

Jak's love for technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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