US Football team 49ers hit by a cyberattack with financial information apparently stolen

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In the news it’s been reported that US Football team 49ers has been hit by a cyberattack and financial information has apparently been stolen.

This breach of the 49ers’ financial records is a bit of a pandora’s box of fraud. Once access has been accomplished it’s a small task to turn those financial documents into instruments of theft by reissuing invoices, impersonation, and phishing.

This fraud cuts both ways, exposing the 49ers’ organization and their vendors to threats.