2016 SS&C Technologies — business-email-compromise wire fraud; Tillage Commodities litigation
Data compromised
Client funds and treasury instruction integrity—no classic PII row export
Technical writeup
Fund-administrator SS&C Technologies processed spoofed client payment instructions over multiple wires later adjudicated as a business-email-compromise heist draining roughly six million dollars from Tillage Commodities Fund accounts, spawning years of negligence litigation and a 2020 appeals-court ruling that AIG owe coverage on the theft under the disputed policy language. The row documents institutional payment fraud rather than a bulk database exfiltration.
Root cause
Business email compromise / impersonation leading to fraudulent outbound wires