Wierzycka may have been victim of whaling attack

  • 📰 TechCentral
  • ⏱ Reading Time:
  • 46 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 71%

Whaling Attack News

Whaling,Magda Wierzycka,Weirzycka

After Sygnia's CEO was targeted in a sophisticated scam, Discovery Insure has said it's an “industry-wide” problem.

TechCentral reported earlier on Thursday that Wierzycka – one of South Africa’s wealthiest women – had taken to social media platform X to excoriate Discovery over what she called a “data breach” that disclosed highly sensitive personal information, including her residential address and details of her insured items.

Wierzycka’s high profile hints at a sophisticated type of scam called ‘whaling’, which targets the ultra-wealthy “Through Discovery’s audit and forensic screenings, we detected a scam where an impersonator called the Discovery Insure call centre requesting the policy details of Discovery Insure clients,” Discovery said in e-mailed response to questions from TechCentral on Thursday. “We identified 19 instances where the impersonator passed the verification process.”

If these questions are answered satisfactorily, the service provider then fulfils requests by the customer, such as reversing a debit order from their bank, or, in Wierzycka’s case, providing more information regarding a policy.Discovery is uncertain about how the scammer obtained information regarding its customers, although previous data breaches of credit bureaus and messaging platforms have been identified as a likely source.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sygnia gets market boost, but net outflows doubleSygnia gets market boost, but net outflows double
Source: Fin24 - 🏆 21. / 63 Read more »

Sygnia reports 9% AuM increase alongside robust earnings growthInterim dividend of 90c per share declared for the six month period.
Source: Moneyweb - 🏆 5. / 77 Read more »