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AE: Hacker embezzles almost Dhs8.4m

Posted on January 24, 2016 by Dissent

Ahmed Ghannam reports:

The Criminal Court in Dubai looked into a case where an employee of a company was charged with accessing the system of the Department of Economic Development (DED) in Dubai and manipulating the fees imposed when issuing trade licences.

He was also charged with forging government documents belonging to the DED through which he managed to appropriate Dhs8.357 million.

The prosecution indicated that the accused hacked the system and issued trade licences for the customers of the company which operates in clearing transactions.  He managed to issue the licences without paying the fees, and received lower fees from the customers after claiming to them that there was a discount.

Read more on Gulf Today.

Related posts:

  • Former Security Engineer For International Technology Company Arrested For Defrauding Decentralized Cryptocurrency Exchange
Category: Government SectorHackNon-U.S.

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