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AI training software firm iLearningEngines says it lost $250,000 in recent cyberattack
The US-based firm said hackers misdirected a $250,000 wire transfer payment that it hasn't been able to recover.
U.S.-based iLearningEngines, a provider of AI training software for enterprises, has alerted regulators to a cyberattack that allowed hackers to break into its network and steal $250,000 worth of company funds. In an 8-K regulatory filing on Monday with the U.S. Securities and Exchange Commission, iLearningEngines said it had experienced a “cybersecurity incident” that saw an unnamed threat actor recently access the organization’s network. The company, which describes itself as an “AI-powered learning automation” firm, went public in April 2024, and says it serves over 1,000 enterprise customers.
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