HMRC Phishing Attack Costs £47 Million, Affects 100,000 UK Taxpayer Accounts

HM Revenue and Customs (HMRC) has suffered a phishing attack costing £47 million, affecting 100,000 UK taxpayer accounts. Two senior officials from the tax authority informed the Treasury Committee on Wednesday that the affected individuals were being notified. The attack allowed cybercriminals to access sensitive information and divert funds. The specific technical details of the attack have not been disclosed.