Patco Consulting was one of the first companies to seek protection via the courts after more than half a million dollars was stolen out of their bank via an account takeover by eastern European cyber criminals. It has finally settled and the bank is paying back the still missing funds. It was caused by an employee clicking on a phishing link, and has cost Patco an incredible amount of lost time due to the initial lawsuit and the following appeal. I have followed this story since it began, and I do not wish this on my worst enemy. They finally got their lost money back, but you can never pay back the thousands of hours of lost time, legal wrangling and worries. And to think that all this could have been prevented with security awareness training for their employees. Here is the story in ComputerWorld
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