Massachusetts state agency sends $94K in taxpayer funds to phishing scam

The Massachusetts Clean Energy Center lost almost $94,000 to a phishing scam last year, and most of the money was never recovered.
What happened?
On Jan. 9, 2017, MassCEC responded to a phishing email and wired $93,679 in taxpayer money into the bank account of a scammer. It took the agency a month to figure out what had happened. And another seven months to report it to its own board of directors on Sept. 15.
According to a government audit of MassCEC, “MassCEC did not have written policies and procedures in place to promptly notify the board of directors of incidents or actions such as thefts or breaches of information security controls within a specific timeframe.”
When the board of directors was finally notified, the agency contacted Boston Police and the office of Massachusetts Attorney General Maura Healey. The FBI was not contacted, and no formal criminal complaint was filed. The same government audit

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