Canadian University Loses Millions in Phishing Scam

Canadian University Loses Millions in Phishing Scam

By Chris Brunau

A recent phishing scam is leaving a Canadian college with a big bill. MacEwan University paid nearly $10 million after they fell victim to a phishing email.

The email mimicked one of the school’s vendors, and the university unknowingly fell into the hacker’s trap. After the blunder, the university says they are auditing their business practices to avoid falling victim to a scam like this in the future.

Luckily, we have some tips to help you avoid a nasty scam like this all together. Check out our Cybersecurity Made MSPeasy Toolkit, featuring tips and templates for total data protection, including the best practices from leading MSPs with all things IT security.  

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