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Computer hackers steal $300,000 from Nunavut Resource Corp. – Nunatsiaq News

October 18, 2018
“It was pure fraud”

CAMBRIDGE BAY—The ambitious development plans of the Nunavut Resources Corp. were dealt a big blow earlier this year when its chief operating officer, Scott Northey, discovered the organization’s bank account had been drained of about $300,000.

Over three months, emails from a hacker who had somehow acquired or mirrored Northey’s personal email address instructed the NRC’s bookkeeper in Yellowknife to transfer money to various accounts.

Northey, who is based in Toronto, said he first became aware that something was wrong when an email asking for a money transfer ended up in his inbox.

He contacted the bookkeeper, who had not received that email.

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