Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Incidents

South African Railways Phishing Scam

February 2, 2024
Reading Time: 3 mins read
in Incidents
South African Railways Phishing Scam

South Africa’s railway agency, PRASA, recently disclosed a significant loss of $1.6 million due to a phishing scam in its annual report. Despite efforts to recover the stolen funds, just over half has been successfully retrieved, leaving the investigation ongoing.

While details of the attack remain undisclosed, security experts suspect insider involvement, underscoring the importance of addressing insider threats within organizations. With digital banking fraud on the rise in the region, including email interception fraud, enhancing cybersecurity awareness and training becomes paramount to mitigate such risks and protect critical infrastructure networks from cyber threats.

The incident highlights the vulnerabilities faced by critical infrastructure networks like railways to cyberattacks, emphasizing the urgent need for robust cybersecurity measures. As railway systems increasingly adopt digital technologies, such as IoT devices, they become susceptible to exploitation by cybercriminals. This underscores the importance of proactive cybersecurity strategies and partnerships with technology specialists to bolster resilience against evolving threats. Recent partnerships like that between Saudi Railway Company (SAR) and sirar by stc reflect the growing recognition of the importance of comprehensive cybersecurity services in safeguarding rail networks.

 

Reference:
  • South African Railways Hit by $1.6M Phishing Scam
Tags: cyber incidentsCyber Incidents 2024CyberattackCyberattacksCybercrimeCybersecurityFebruary 2024PhishingScamservicesVulnerabilities
ADVERTISEMENT

Related Posts

Infostealer Hidden in Steam Game

Hackers Target Amazon’s AI Code Bot

July 25, 2025
Infostealer Hidden in Steam Game

APTs Use Fake Dalai Lama Apps to Spy

July 25, 2025
Infostealer Hidden in Steam Game

Infostealer Hidden in Steam Game

July 25, 2025
Interlock Ransomware Threat Alert

Hackers Use Ransomware on SharePoint Servers

July 24, 2025
Interlock Ransomware Threat Alert

Data Breach Affects 340K Jobseekers

July 24, 2025
Interlock Ransomware Threat Alert

Beluga Vodka Ransomware Attack Reported

July 24, 2025

Latest Alerts

CastleLoader Uses Clickfix on Windows

Sophos, SonicWall Patch Critical RCE Bugs

Koske Malware Hides in Panda Images

Interlock Ransomware Threat Alert

GitLab Patches Key Vulnerabilities

Backdoor Found in WP Plugins

Subscribe to our newsletter

    Latest Incidents

    Hackers Target Amazon’s AI Code Bot

    APTs Use Fake Dalai Lama Apps to Spy

    Infostealer Hidden in Steam Game

    Data Breach Affects 340K Jobseekers

    Hackers Use Ransomware on SharePoint Servers

    Beluga Vodka Ransomware Attack Reported

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial