$6.7M stolen from city of Portland in phishing scheme
a year ago
- #Portland
- #cybersecurity
- #fraud
- A fraudster posing as a Portland vendor redirected $6.7 million meant for a legitimate vendor.
- The scam involved changing bank account details via a deceived city employee.
- The FBI intervened, stopping the payment after detecting suspicious activity.
- Portland is investigating the incident with local and federal law enforcement.
- This follows a 2022 cyberattack costing the city $1.4 million.