Hackers Steal $600,000 from Brigantine, NJ
Summary: Organized thieves stole roughly $600,000 from Brigantine, New Jersey after obtaining the city's TD Bank online banking credentials, with wire transfers ranging from a few thousand dollars to over $300,000; TD Bank recalled approximately $400,000. The attack came months after a similar intrusion took $100,000 from Egg Harbor Township, and the stolen funds were routed to money mules recruited through work-at-home job offers, including one woman who was sent $7,394 of the city's money on Sept. 29.
Key Takeaway: The FBI says e-banking fraud has already cost companies, small businesses, towns, cities and nonprofits more than $70 million, with over $220 million in attempted theft - and Brigantine's loss came the same week federal officials announced dozens of arrests of the mules and organizers behind these schemes.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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