Summary: NioCorp Developments reported a significant financial loss due to a cybersecurity incident involving a business email compromise (BEC) scheme, resulting in misdirected vendor payments of around 0,000. The company detected the breach on February 14 and has since informed financial institutions and law enforcement as it seeks to recover the lost funds. Ongoing investigations aim to determine the full scope and impact of the event.
Affected: NioCorp Developments
Keypoints :
- Hacker exploited compromised email systems for BEC scheme.
- Approximately 0,000 in vendor payments misdirected.
- Ongoing investigation to assess the full impact on company’s finances.
Source: https://www.securityweek.com/mining-company-niocorp-loses-500000-in-bec-hack/
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