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Cyber Thieves Raid School District Bank Account

Online thieves made a series of unauthorized funds transfers from the school district’s NBT Bank account to an overseas bank. The third transfer during this period was flagged as abnormal activity by the bank. One possibility is that a school administrator’s computer was compromised by an online banking trojan. The FBI and New York State Police are investigating an attempt to steal about $3.8 million from the Duanesburg Central School District in Schenectady County, New York. The bank recovered about $2.5 million out of $3 million stolen during the four day period.”]

Source: https://www.darkreading.com/attacks-breaches/cyber-thieves-raid-school-district-bank-account

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