Technology9 Apr 2026SEO 801 min read

Analysis: Hacker stole £700,000 from U.K. energy company by redirecting payment

British oil and gas company Zephyr Energy says someone stole £700,000 (close to $1 million) from one of its U.S.-based subsidiaries by redirecting a payment me…

British oil and gas company Zephyr Energy says someone stole £700,000 (close to $1 million) from one of its U.S.-based subsidiaries by redirecting a payment meant for a contractor into a hacker-controlled account. In a regulatory filing with the London Stock Exchange on Thursday, the company said it is “working with the corresponding banks and consultants to attempt to recover the diverted funds.” While the company did not say how the incident occurred, hackers are known to break in…

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