Saudi Arabia: A citizen seizes $ 10 million from hacking a government website

A Saudi citizen seized nearly 40 million riyals (more than ten million dollars) after his success in exploiting a loophole in the electronic system of the website of a government institution concerned with providing subsidies to the unemployed, training them, and supporting their employment in the private sector.

The Saudi Supervision and Anti-Corruption Authority (Nazaha) announced, yesterday, Thursday, that a person exploited a loophole in an electronic system and spent more than 40 million riyals in an irregular manner.

The authority stated, in a statement, that it “received a notification from the Human Resources Development Fund (Hadaf) regarding the illegal disbursement of sums of money from a commercial enterprise support program by re-using exchange orders that were spent during a previous period and transferring their sums to bank accounts belonging to commercial entities owned To one of the citizens ».

She added: “The authority immediately started the procedures for controlling and inferring through field investigations and referring to the bank accounts of these entities. After studying them, it was proven that they did not deserve the granted support. Whoever returns to old exchange orders that were previously issued and re-exchanged them after modifying the bank account numbers and setting the bank account numbers of commercial establishments owned by him.