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Cann Group flags $3.6m cyber security fraud

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Medical cannabis company Cann Group is the latest firm targeted in an international cyber security incident, with the company seeking to recover $3.6 million now missing after paying an overseas contractor for works being undertaken at its Mildura facility.

The ASX-listed company’s stock was placed in a trading halt on Friday February 5. On Monday morning Cann said the breach was discovered overnight on February 4, and is currently under investigation.

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/cann-group-flags-3-6m-cyber-security-fraud-20210208-p570gr