Cyber Crooks Cooked the Books at Fla. Library
Summary: Nearly $160,000 vanished from the Delray Beach Public Library's bank ledgers after attackers stole its online banking credentials with a password-stealing virus and sent the money in sub-$10,000 chunks to 16 phantom employees added to its direct deposit payroll. One recipient, 19-year-old Brittany Carmine of Richmond, Virginia, was recruited as a money mule by a firm calling itself the Prestige Group, received $9,649, and wired all but about $770 to individuals in Ukraine via Western Union and Moneygram.
Why it matters: The library's bank reversed most of the bogus transfers only because staff caught the fraud immediately, and the source notes most banks will blame the customer instead; the same group is linked to a $3,000,000 fraud against the Duanesburg Central School District in upstate New York.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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