The city of Ocala has become the latest victim of a ‘spear-phishing attack’. The officials have revealed that the city has lost a little over $500,000 after sending a payment to a fraudulent bank account.
The red flag
Ocala Mayor Kent Guinn revealed that the email address used in the attack included an extra letter that is not part of the legitimate contractor’s email.
How did the Ocala city respond?
"While we can’t change this outcome, we will continue to update and refine our cybersecurity systems and training to minimize future impacts," Dobbs explained.
In light of the incident, the city has planned to conduct an internal investigation to know the methods and scope of a phishing attack. Later, it will make changes in policy to avoid such attacks in the future.