Southern Oregon University recently fell victim to email fraud, resulting in $1.9 million being transferred to an attacker-controlled bank account. Fraudsters posing as the Andersen Construction company building a university pavilion and recreation center instructed SOU to transfer the money to an account not controlled by the contractor.
The transfer was initiated during the last week of April, but three business days later the university was notified by the contractor that payment was never received. The FBI was immediately notified and an investigation into recovering the funds is underway.
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