Qatari company falls victim to international hacking

An international hacking gang that monitored the emails of a Qatari food-related company siphoned off about 111 thousand dollars by claiming to be a client that the company was dealing with reported arabic daily Al-Sharq. The Qatari company filed a case with the Court of Appeal as the client too refused to complete the deal as they never received the money.

According to the arabic newspaper, the Qatar Court of Appeal issued a ruling supporting the Qatari company and ordered the client company to pay 111,000 dollars and 880 cents along with a compensation of 10 million riyals. The client has been ordered to bear the expense as one of the recipients of the mails between the Qatari company and the hackers was an employee of the client who did not raise an alarm about the bank account or the mail being fake.

The hackers froze the email account of the Gulf-based client company before sending an email similar to the client’s with only one changed letter in the email id. In this mail the hackers also marked officials from the client company and the bank officials. It asked the Qatari company to transfer 111 thousand dollars so that the shipment can be dispatched.

The hackers also gave the details of a bank in Europe with an account in the same name of the company. Once the Qatari company transferred the money, it contacted the client. The client then realised that the money was transferred to a wrong account and authorities were alerted.

But by then the money was withdrawn and the bank account was closed. The client company refused to bear any responsibility and so cancelled the shipment.

The Qatar company left with no choice filed a case with the Court of Appeals and won the case in its favour.

Source:http://www.thepeninsulaqatar.com/article/20/04/2017/Qatari-company-falls-victim-to-international-hacking