Fraudulent Email Interceptions

M
Matheson
Contributor
Established in 1825 in Dublin, Ireland and with offices in Cork, London, New York, Palo Alto and San Francisco, more than 700 people work across Matheson’s six offices, including 96 partners and tax principals and over 470 legal and tax professionals. Matheson services the legal needs of internationally focused companies and financial institutions doing business in and from Ireland. Our clients include over half of the world’s 50 largest banks, 6 of the world’s 10 largest asset managers, 7 of the top 10 global technology brands and we have advised the majority of the Fortune 100.
In the last week, there has been a spate of email interception attacks impacting several high profile companies and putting their data, and that of their customers, at risk.
Ireland Criminal Law
To print this article, all you need is to be registered or login on Mondaq.com.

In the last week, there has been a spate of email interception attacks impacting several high profile companies and putting their data, and that of their customers, at risk.

The affected companies have been the target of fraudsters gaining access to employee email accounts (often by obtaining usernames and passwords using phishing techniques or by using other fraudulent means). The perpetrators then typically seek to intercept emails relating to the payment of invoices and divert customer payments to their own account.

This spike in cybercrime activity highlights the importance of having robust protections in place to guard against unauthorised access to company email accounts.

If your organisation suffers such an attack and you determine the persons whose data you hold are at risk, you need to move swiftly to notify the Data Protection Commission within 72 hours of becoming aware of the personal data breach. Depending on the circumstances of the case, there may also be a legal obligation to notify the Gardaí.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Fraudulent Email Interceptions

Ireland Criminal Law
Contributor
Established in 1825 in Dublin, Ireland and with offices in Cork, London, New York, Palo Alto and San Francisco, more than 700 people work across Matheson’s six offices, including 96 partners and tax principals and over 470 legal and tax professionals. Matheson services the legal needs of internationally focused companies and financial institutions doing business in and from Ireland. Our clients include over half of the world’s 50 largest banks, 6 of the world’s 10 largest asset managers, 7 of the top 10 global technology brands and we have advised the majority of the Fortune 100.
See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More