Email hack results in $250K settlement funds being stolen during electronic property settlement
According to Fairfax Media reporting: MasterChef finalist Dani Venn woke to a housing nightmare on Monday when it was confirmed $250,000 from the settlement of her semi-rural property on the outskirts of Melbourne was stolen after her conveyancer’s account was hacked. Unbeknown to Ms Venn and her conveyancer, Sargeants Knox Conveyancing, the proceeds of the sale were transferred to a fraudster’s bank account after hackers accessed the conveyancer’s electronic property transfer account and added themselves as another user. … The hackers broke into the conveyancing firms’ email accounts, accessed their mail from PEXA and set up new user accounts. They then intercepted emails […]