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South African Railways Lost Over $1M in Phishing Scam

02
Feb
2024
South African Railways Lost Over $1M in Phishing Scam

image credit: unsplash

South Africa’s railway agency lost some 30.6 million rand (US$1.6 million) after the transport network fell victim to a phishing scam.

In its annual report, the Passenger Rail Agency of South Africa (PRASA) said that it had recovered just over half of a the total money stolen by the criminals behind the attack.

The theft remains the subject of an ongoing investigation.

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