Donohoe backs NTMA management after €5m fraud incident

“Shocking”: NTMA €5m scam a “poor reflection on state”

Agency under fire. The post “Shocking”: NTMA €5m scam a “poor reflection on state” appeared first on Gript.

Donohoe backs NTMA management after €5m fraud incident

Minister for Finance Paschal Donohoe has backed the management of the National Treasury Management Agency after it was subject to a €5m fraud.

Head of NTMA to ‘look hard’ at its security protocols after €5m scam

The head of the National Treasury Management Agency has said the NTMA will ‘look hard’ at its security protocols and bolster them if necessary after falling victim to a €5million fraud. Finance Minister Paschal Donohoe has given his backing to NTMA CEO Frank O’Connor after Extra.ie revealed over the weekend that the organisation was successfully targeted by a sophisticated voice phishing attack. Fraudsters used voice impersonation and a fake inv…