Cybersecurity

You're in Bankruptcy. The Judge Is Angry. What Else Could Go Wrong?

  • Criminals sent a company e-mail to wire themselves the money
  • New system for wire transfers: on paper, signed with a pen

Light illuminated a shale gas drilling rig operated by Exalo Drilling SA, the oil and gas exploration unit of Poland's PGNiG, also known as Polskie Gornictwo Naftowe I Gazownictwo SA, in Lubocino, Poland, on Wednesday, Oct. 9, 2013. San Leon Energy Plc., an oil and gas explorer with four licenses in Spain, said some of the shale it's studying is comparable to rock in Poland, where it's a leader in using hydraulic fracturing, or fracking.

Photographer: Bartek Sadowski/Bloomberg
Lock
This article is for subscribers only.

Did we mention we lost about $2 million?

KKR & Co.’s bankrupt driller, Samson Resources Corp., had some bad news for the judge Tuesday afternoon. The oil slump had already forced it to scrap a reorganization plan. The CEO had quit. Now hackers had made off with $1.8 million, using a fake company e-mail to wire themselves the money.