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Economic Development

'Innocent-looking email' loses Edgbaston firm six-figure sum

Police and Crime Commissioner warns businesses to be vigilant after Tetra Group steps forward to highlight how it was duped

West Midlands Police and Crime Commissioner David Jamieson (left) with Tetra Group director Paul Myers

A Birmingham business has admitted losing a huge six-figure sum in a cyber attack that lasted a matter of minutes.

Edgbaston-based construction and facilities management firm Tetra Group fell victim to the hack attack last January.

They have now stepped forward with the region's Police and Crime Commissioner David Jamieson to warn other firms about the dangers posed by cyber crooks.

The firm was hit by a "Dridex infection" in which a corrupted Microsoft Word document was used to dodge existing anti-hacking software.

The attack, which was sent via an innocent looking email, allowed the criminals to make 21 fraudulent payments to mule accounts in a matter of minutes.

The alleged 'Mule Herder' has since been arrested in London pending investigations by the police.

Mr Jamieson visited Tetra Group to speak to director Paul Myers and company PA Maureen Symes who unwittingly opened the virus.

Mr Myers said: "I always thought 'it will never happen to me' but this has totally changed the way I look at things.