**Hyderabad, India** — In a shocking revelation, Megha Engineering and Infrastructures Limited (MEIL), a prominent player in the infrastructure sector, has reportedly fallen prey to a sophisticated phishing scam, resulting in a financial loss of Rs 5.47 crore. The cyber attack, which targeted the company’s financial operations, has raised serious concerns about cybersecurity measures in the corporate world.
According to sources, the phishing attack was meticulously planned, with the perpetrators using deceptive emails and fake websites to trick MEIL’s finance department into transferring funds to fraudulent accounts. The incident has prompted the company to launch an internal investigation and collaborate with cybersecurity experts to prevent future breaches.
MEIL, known for its extensive projects across India and abroad, is now working closely with law enforcement agencies to track down the culprits and recover the lost funds. The incident underscores the growing threat of cybercrime in the digital age, highlighting the need for robust security protocols in corporate environments.
This incident serves as a stark reminder for businesses worldwide to remain vigilant and invest in advanced cybersecurity measures to safeguard their assets and reputation.
**Category:** Business News
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