Hackers posing as a bunker supplier have stolen $644,000 from an unnamed shipping company based in Limassol, Cyprus.
The shipping company had received a legitimate invoice from its bunker supplier in Africa for marine fuel supplied to its fleet, police investigators told the Cyprus News Agency.
Unknown cyber-criminals, thought to be based in Poland, later emailed the shipping company posing as the bunker supplier, asking that the payment be remitted to another bank account.
The shipping company made two separate transfers on July 28 and 29 to the bank account in question and the money disappeared.
The theft was discovered when the legitimate fuel supplier in Africa sent an email to the shipping company, requesting payment.
Police investigations are ongoing in Cyprus with the cooperation of Interpol.