• $1M lost in scam as the City of Saskatoon is a victim of fraudsters impersonating the CFO of a const

    "On Thursday, [August 15] officials announced the city had been duped by someone impersonating the CFO of a construction company. The person requested the company's banking info be changed. When the city went to pay the company, the money was sent to the fraudster instead."

    Read the full article from CBC here.

    Unfortunately, there is an uptick in cyber attacks such as these in our industry. Members are cautioned to ensure that they have the proper protection measures in place before it is too late.

    The SCA will brief members on this incident once construction season comes to an end, and discuss ways to protect businesses from these types of threats.