The incident occurred in January of this year.
There's been no impact on Westmeath County Council's finances following a payment fraud of €515,000.
The local authority was the subject of a third-party payment fraud in January of this year.
Chief Executive Barry Kehoe provided the first update on the incident since February, at yesterday's monthly meeting of Westmeath County Council.
He informed members of the local authority the matter was immediately reported to Gardaí upon its discovery, and its insurers were contacted.
The Council made a successful claim against its cybercrime insurance policy, and agreed on a 'modest burden share' with the affected contractor.
Mr. Kehoe confirmed the insurer has covered the Council's loss in full, meaning there is no impact on its finances.
He also says a revised series of procedures have been put in place to avoid such an incident occurring again.
Mr. Kehoe advised members a Garda investigation into the matter is ongoing, so he couldn't provide further information at this time.
Promise Of Summer Temperatures Across The Midlands This Weekend
Women In An Offaly Town Feels Less Safe Due To Lack Of Street Lighting
Daughter Of Two Major Movie Stars On Tour In The Midlands
Gardaí Seeking Public's Assistance Over Missing Roscommon Teen
Number Of Midlands TDs Calls For Review Of SPHE Programme In Schools
Irish Prisons To Be Gifted A Number Of Books
Positive Response In Laois School To Restrictions On Phones
Irish Beef Officially Launched Into Korean Market
Live Register Figures Fall By Over 3% In August
Teenager Missing For Nearly Three Weeks Found Safe And Well
Junior Transport Minister To Discuss Passenger Cap With Ryanair Boss
'Detailed' Link Road Plans Needed To Tackle Athlone Traffic Congestion
Gardaí Investigating Whether Religious-Run School Abuse Was Organised
200 Supercars To Blaze Through Midlands For Charity
Fine Gael Selects Laois General Election Candidate
Smart Phones Banned In French Bistro
Major Water Improvement Plan Launched Today
Midlands People Call For Better Supports For Young People
Major Recruitment Campaign Underway For Prison Officers
Graham Norton Sings Westmeath Town's Praises After Book Signing