from Gold Core:
Europe’s largest airliner in terms of passengers, Ryanair, has had $5 million siphoned from one of its bank accounts. It is alleged that Ryanair were hacked by cyber-criminals and had the cash illegally transferred to a bank account in China.
Cyber thieves managed to initiate a single fraudulent transaction using a Chinese bank when stealing the money from the airline according to reports. The hacked account held dollars which the Irish company uses for fuel purchases.
In a statement Ryanair said the following:
“The airline has been working with its banks and the relevant authorities and understands that the funds – less than $5 million – have now been frozen.”
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