Cybersecurity breach at the city of Portland led to fraudulent $1.4M transaction

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Cybersecurity breach at the city of Portland led to fraudulent $1.4M transaction

A cybersecurity breach at the city of Portland led to a fraudulent$1. 4 million transaction using city funds,according to the city of Portland. Officials said the incident happened in late April. The breach was discovered after the city flagged another fraudulent financial transaction attempt from the same account on May 17. According to the city, preliminary evidence indicates that an unauthorized, outside entity gained access to a city of Portland email account.

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