Firm hit with €443,000 fine for cyber breach

A cybersecurity expert has warned firms must recognise cyber attacks as a “clear and present danger”, as the Central Bank fined an asset management company after it lost €650,000 of a client’s funds in an online scam.

Firm hit with €443,000 fine for cyber breach
Sat, 16 Jun, 2018 - 12:00

By Pádraig Hoare

A cybersecurity expert has warned firms must recognise cyber attacks as a “clear and present danger”, as the Central Bank fined an asset management company after it lost €650,000 of a client’s funds in an online scam.

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