Ryanair has fallen victim to a $5m hacking scam

Budget airline Ryanair has fallen victim to a $5m hacking scam.

Crooks siphoned off money from an account earmarked for the payment of fuel bills via an electronic transfer to a bank in China last week. The transfer was subsequently blocked, but the funds – earmarked to pay for aviation fuel for Ryanair’s 400-plus Boeing 737-800 aircraft – are yet to be recovered.