Ryanair Bank Account Victim Of Chinese Hacker | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

 Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at www.airborne-live.net

Mon, May 04, 2015

Ryanair Bank Account Victim Of Chinese Hacker

Nearly $5 Million Fraudulently Removed From Airline's Account

A Chinese bank found a way to remove nearly $5 million from an account Ryanair uses to buy fuel for its aircraft, according to the airline.

"Ryanair confirms that it has investigated a fraudulent electronic transfer via a Chinese bank last week," the airline said in a statement.

Reuters reports that, according to the statement, "The airline has been working with its banks and the relevant authorities and understands that the funds – less than $5 million – have now been frozen. The airline expects these funds to be repaid shortly, and has taken steps to ensure that this type of transfer cannot recur."

The low-cost airline said it expected that the funds would be repaid soon, though a specific timeline was not given.

The newspaper The Irish Times said the fraudulent withdrawal was discovered last Friday. The Criminal Assets Bureau in Dublin has been asked to work with Chinese agencies to recover the money.

FMI: http://www.garda.ie/Controller.aspx?Page=28

Advertisement

More News

ANN's Daily Aero-Term (04.20.24): Light Gun

Light Gun A handheld directional light signaling device which emits a brilliant narrow beam of white, green, or red light as selected by the tower controller. The color and type of>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

ANN's Daily Aero-Linx (04.21.24)

Aero Linx: JAARS, Inc. For decades now, we’ve landed planes on narrow rivers and towering mountains. We’ve outfitted boats and vehicles to reach villages that rarely se>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

ANN's Daily Aero-Term (04.21.24): Aircraft Conflict

Aircraft Conflict Predicted conflict, within EDST of two aircraft, or between aircraft and airspace. A Red alert is used for conflicts when the predicted minimum separation is 5 na>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne-NextGen 04.23.24: UAVOS UVH 170, magni650 Engines, World eVTOL Directory

Airborne 04.22.24: Rotor X Worsens, Airport Fees 4 FNB?, USMC Drone Pilot

Airborne 04.19.24: Boom Supersonic, Aviation Alliance, BRM Electric

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC