{
  "id": 17416122,
  "title": "[Update] Forensic Audit Finds External Breach Behind €3 Mn Capillary Fraud",
  "url": "https://urgent.news/2026/10/31/update-forensic-audit-finds-external-breach-behind-3-mn-capillary",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-31T14:03:37.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/capillary-technologies-subsidiary-hit-by-e3-mn-cyber-fraud/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Capillary Technologies, a SaaS company, announced on July 6 that one of its subsidiary, SessionM Czech Republic, experienced a €3.04 Mn banking fraud. The forensic audit by KPMG found that the fraud was primarily a result of an external payment-diversion scam, involving impersonation of a senior executive and use of an external lawyer. The investigation did not find evidence of malware, unauthorized access, or employee involvement. The four disputed transactions went to two banks in Hong Kong and Singapore, but the subsequent movement of funds and ultimate beneficiaries could not be traced. Capillary has strengthened payment controls and is pursuing recovery efforts and legal remedies.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}