DDoS Attack on Bank Hid $900,000 Cyberheist
Summary: On Christmas Eve 2012, thieves moved more than $900,000 out of Sacramento construction firm Ascent Builders' accounts at Bank of the West, then hit the bank's website with a DDoS attack that knocked it offline. Ascent's controller found her browser blocked from the bank's site by malware on her own machine, and 62 money mules in the United States were recruited to move the stolen funds, including five transfers of $80,000 to $100,000.
What's compelling: The bank has clawed back only about half of the $900,000, and the law enforcement source on the case said Ascent may not have been the only victim at Bank of the West that day - several other local businesses and banks were similarly robbed on or around Christmas Eve.
Read the original at Krebs on Security ↗
- Topics
- Endpoint & Network Security
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