I have written a great deal about how organized cyber gangs in Eastern Europe drained tens of millions of dollars from the bank accounts of small- to mid-sized businesses last year. But new evidence indicates one of the gangs chiefly responsible for these attacks actually managed to hack directly into a U.S. bank last year and siphon off tens of thousands of dollars.
The FBI is investigating the theft of nearly a half million dollars from tiny Duanesburg Central School District in upstate New York, after cyber thieves tried to loot roughly $3.8 million from district online bank accounts last month.
In a year marked by record bank failures and Wall Street swindlers walking away with tens of billions of investor dollars, it’s perhaps not surprising that the activities of organized cyber gangs looting at least $100 million dollars from small… Read More »
