Unidentified cybercriminals have managed to siphon off employee salary transfers from at least three Swiss universities, including the University of Basel.
This content was published on
1 minute
AFP/ts
“According to our information, several universities in Switzerland have been affected,” said Martina Weiss, Secretary General of the Rectors’ Conference of the Swiss Universities, confirming to the AFP news agency a report in the SonntagsZeitung.
The hackers used access data obtained through phishing, a technique designed to lure internet users into providing personal data.
According to the Basel public prosecutor’s office quoted by the SonntagsZeitung, the hackers infiltrated the universities’ system directly with the stolen personal data and changed the beneficiaries’ accounts for the payment of salaries.
The cybercriminals embezzled a six-figure amount, the office said. It added that part of the misappropriated funds was now in foreign accounts.
Umbrella organisation swissuniversities has sent a warning email to keep universities on their guard. The SonntagsZeitung reported that the University of Zurich, also targeted, had thwarted the attack because its employees had recognised the phishing attempts.
More
More
Jump in cyber attacks during Covid-19 confinement
This content was published on
The number of cyber attacks reported in Switzerland during the height of the Covid-19 pandemic was up to three times higher than normal.
International cooperation: the National Assembly accepts 11 billion euros
This content was published on
Switzerland's international cooperation strategy 2025-2028 has been recommended a budget of almost CHF11 billion after weeks of political wrangling.
Zurich court throws out ‘cum-ex’ case against German lawyer
This content was published on
A trial against a German lawyer, accused of breaching Swiss banking secrecy investigating 'cum-ex' transactions, has collapsed.
Swiss National Bank lowers key interest rate by 0.5%
This content was published on
The Swiss National Bank lowers benchmark interest rate by a surprisingly hefty 0.5%. The reference rate now stands at 0.5%.
Swiss fintech Leonteq has profits confiscated after regulatory breach
This content was published on
Swiss derivatives firm Leonteq acted in serious violation of regulatory obligations and must to hand over CHF9.3 million in profits.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Argentina hack reveals data on thousands of Swiss travellers
This content was published on
Some 11,000 Swiss citizens have had their data illegally made public by Argentinian hackers after blackmail demands were not met.
Hackers demand millions in ransom for stolen Stadler Rail documents
This content was published on
The hackers who stole data from Swiss train manufacturer Stadler Rail in early May have demanded payment of a ransom of $6 million in Bitcoin.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.