Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

      Rendering of a small modular reactor (SMR) design showcasing compact and efficient nuclear energy solution

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Royal Ascot worth £140m to UK economy

      Breaking news scene with journalists and cameras outside a government building, capturing a press conference in progress.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      The best places to eat sandwiches in Lisbon, from bifanas to pregos

      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 29 April 2015 5:17 am

Ryanair’s been hacked for millions via Chinese bank

By: Lynsey Barber

Add as a preferred source on Google

Ryanair has been targeted by hackers who have stolen nearly $5m (£3.25m) from the airline's bank account.

The cash was taken from the budget airline by electronic transfer via a Chinese bank, the Irish Times reports.

Ireland's Criminal Assets Bureau is investigating the crime, which took place last week, and is working with authorities in Asia.

In a statement to the Irish newspaper, Ryanair said:“Ryanair confirms that it has investigated a fraudulent electronic transfer via a Chinese bank last week. The airline has been working with its banks and the relevant authorities and understands that the funds – less than $5m – have now been frozen.The airline expects these funds to be repaid shortly, and has taken steps to ensure that this type of transfer cannot recur.

The airline said it won't make any further comment on the matter as it is subject to legal proceedings. 

Companies are increasingly at risk of sophisticated attacks by cyber criminals after cash, sensitive documents and customer details.

Sony suffered the most high profile attack which resulted in thousands of leaked documents about the workings of the company making their way onto the internet and its co-chief Amy Pascal standing down.

Costa Coffee suffered a data breach in which members of its loyalty scheme were targeted causing millions of online accounts to be suspended last week. British Airways' Avios air miles scheme has also been the target of hackers in recent weeks.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics

Categories

  • Markets

Related Topics

  • Ryanair

Trending Articles

  • London Tech Week sums up everything wrong with UK tech

  • Inflation expectations at record high in interest rates signal

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

  • FTSE 100 Live: BP and Shell subdue City stock rally as oil price tumbles

  • New Gluten-Free Bread Binder Simplifies the Recipe — and Boosts Bread Quality

More from CityAM

  • Ryanair warns ‘weak’ airlines will go bust this year as fuel costs soar

    Aviation
    Elon Musk and Ryanair CEO Michael O’Leary face off amid acquisition rumors in a business meeting setting
  • ‘Bogus claim’: Ryanair hits back at watchdog probe into family seating policy

    Transport & Infrastructure
    Elon Musk and Ryanair CEO Michael O’Leary face off amid acquisition rumors in a business meeting setting
  • Wetherspoon boss Tim Martin clashes with Ryanair over airport breakfast booze

    Hospitality
    IHG hotel exterior showcasing modern architecture with a welcoming entrance and vibrant cityscape background
  • Two million global airline seats cut as jet fuel shortage grounds travel

    Travel
    Ryanair has axed around 170 services while Easyjet said it was cancelling 274 flights because of French air traffic control strikes.
  • Losses balloon at Easyjet despite seeing ‘no disruption’ to jet fuel supplies

    Aviation
    Easyjet will be looked to for any guidance on the impact of recent French air traffic control strikes when it updates on Thursday.
  • The Debate: Should airports ban early-morning pints?

    Opinion
    A full pint of beer with frothy head on a wooden bar counter, illuminated by soft ambient lighting in a cozy pub setting
  • ‘Critically low levels’: UK braces for jet fuel shortage as rationing looms

    Energy
    Europe's largest airline reported a 16 per cent decline in post-tax profit to €1.61bn (£1.4bn) over the 12 months ended 31 March.
  • Jet fuel crisis worse than Covid for airlines, says AirAsia chief

    Transport & Infrastructure
    EasyJet aircraft touching down on runway amid clear skies, highlighting travel industry updates and aviation business trends.
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
Copyright 2026 CityAM Limited