Limassol company reports theft of over 176,000 euros via cyber fraud

The Limassol Criminal Investigation Department (TAE Limassol) is investigating a case of electronic fraud reported by a company director. According to police reports, unknown perpetrators managed to siphon more than 176,000 euros from a corporate bank account. The incident occurred after a malicious link was sent to the company, which allowed the attackers to breach access codes. By exploiting these credentials, the individuals were able to gain control over accounts and misappropriate the funds. The police have launched an investigation into the matter to identify the perpetrators. No arrests have been reported at this stage of the inquiry. The authorities continue to examine digital evidence related to the unauthorized access. The case highlights ongoing risks of financial cybercrime targeting corporate entities in the region.