Monday, November 25, 2019

Florian Kerschbaum comments on $2.1 million social engineering cyberattack on Waterloo Brewing

Waterloo Brewing has lost millions in an impersonation scheme, an incident the company described as a “social engineering cyberattack” by a sophisticated third party. In its November 21, 2019 media release, the Kitchener firm announced that the attack occurred earlier this month and it has not yet recovered any of the $2.1 million wired to the fraudulent third-party account.

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