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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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
