Organized Crooks Hit NJ Town, Ark. Utility
Summary: An organized cyber crime gang stole close to $100,000 from Egg Harbor Township, N.J., sending the money in sub-$10,000 chunks to individuals around the country with no prior business with the town, and roughly $130,000 from the North Garland County Regional Water District in Hot Springs, Ark., which had unauthorized transfers set up to more than a dozen unaffiliated individuals. Both thefts came through intrusions into the organizations' online bank accounts, and both entities notified the FBI, with the Arkansas district reversing about half of the fraudulent transfers through its bank.
Key Takeaway: The gang is described as stealing tens of millions of dollars from small to mid-sized organizations, and the Arkansas utility recovered only about half of the $130,000 taken - a reminder that the loss lands on the commercial account holder, not the bank.
Read the original at Krebs on Security ↗
- Topics
- OT / ICS & Critical Infrastructure
- Related
- Siemens RUGGEDCOM APE1808 Cyber Risks · Nov 12, 2026How to Assess OT Incident Response Preparedness Cyber Risks · Nov 10, 2026Three China-Nexus Espionage Campaigns Linked Through Sparrow Malware Ecosystem Cyber Risks · Nov 10, 2026