Cyber Risks · Krebs on Security

Hackers Try to Steal $150,000 from United Way

Summary: Hackers broke into computer systems at the United Way of Massachusetts Bay and Merrimac Valley and attempted more than $150,000 in bogus transfers from its bank account, including over $110,000 in unauthorized payroll transfers to at least a dozen individuals and a wire of nearly $40,000 to a 32-year-old man in New York. The charity worked with its bank to block or reverse the transfers, and CFO Patricia Latimore said the organization caught the activity on the day it occurred.

What's compelling: The chapter's recovery depended on spotting the transfers the same day and reversing them through its bank, and the money moved through a job-seeking mule recruited via Monster.com who handed over his business account and routing numbers to a group calling itself the Classic Group.

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Topics
Data Breaches
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