Bunkering companies are high value targets for scammers. Handling worldwide money transactions in exchange for fuel bunkering, vulnerable procedures (lack of double check with alternative mean, for instance) or low awareness can lead to important financial consequences.
According to sources, in this case, the attackers impersonated the seller and sent emails requesting payment to be made to a different bank account. The funds were sent into the scammer's bank account.
The victim was taken to court by its insurer, the cost of the scam for the bunkering company was evaluated to a $18 million loss.