Two men have been arrested in Dublin this morning in connection with a money laundering investigation.
A European based company, due to sent a VAT payment to an account, was redirected to a different account instead of the true recipient.
It's believed that the database of the firm rightly entitled to the money was targeted by a malware attack which allowed its bank account details to be changed.
Once the money was received, the cash was sent on to other accounts both here and abroad.
In excess of €900,000 euro was recovered.
Two suspects aged 31 and 67 were arrested as part of the invoice redirection fraud inquiry.
They are being held at Blanchardstown Garda station where they can be questioned for up to 24 hours.