Cyber Risks · Krebs on Security

Using Windows for a Day Cost Mac User $100,000

Summary: In April 2010, DKG Enterprises owner David Green logged into his company's online bank account from his wife's Windows PC because he had left his Mac at work, and that PC was already infected with a password-stealing Trojan. Days later, thieves used the stolen credentials to take $98,000 from the company's accounts on April 27, sending it in sub-$10,000 and sub-$5,000 chunks to 14 individuals across the United States, and DKG has recovered only $22,000.

What you should know: Businesses that lose money to stolen online banking credentials usually absorb the loss themselves, and DKG's bank is disavowing responsibility for the $98,000 - leaving a small firm down roughly $76,000 after one login from the wrong machine.

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Topics
Data Breaches
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