A $170,000 cyberheist last month against an Illinois nursing home provider starkly illustrates how large financial institutions are being leveraged to target security weaknesses at small to regional banks and credit unions.
The $180,000 robbery took the building security and maintenance system installer Primary Systems Inc. by complete surprise. More than two-dozen people helped to steal funds from the company’s coffers in an overnight heist in May 2012, but none of the perpetrators were ever caught on video. Rather, a single virus-laden email that an employee clicked on let the attackers open a digital backdoor, exposing security weaknesses that unfortunately persist between many banks and their corporate customers.
