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Investigation Launched After €1m Stolen From Trinity College

By mariemadden

April 27, 2017 at 2:44pm

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Over €1m has been stolen from Trinity College in a suspected cyber attack.

It's believed that a criminal investigation was launched after police in the UK raised concerns over suspicious transactions relating to the account of the Trinity Foundation, which is the fundraising arm of the college.

Trinity confirmed the news in a statement today, with The Sun reporting that some of the funds have since been recovered.

“Some money was recovered following the discovery but it is too early to say whether everything can be recovered. Any shortfall will be made up from the university’s future commercial revenues.

“In addition to the Garda investigation, Trinity College Dublin and Trinity Foundation are conducting a detailed investigation and have engaged an external computer forensic team to assist in establishing the technical details of what happened."

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