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ACH Fraud: Payroll Hack Drains $217K

ACH Fraud: Payroll Hack Drains $217K from the Metropolitan Entertainment & Convention Authority in Omaha. An employee at MECA fell for a phishy e-mail that unleashed a malware attack that provided hackers access to the organization’s payroll system. MECA says it’s working with the Federal Bureau of Investigation to analyze the crime. Gartner Analyst Avivah Litan says in the scheme of corporate account takeovers, the infiltration of payroll systems is more prevalent than the industry admits.”]

Source: https://www.bankinfosecurity.com/ach-fraud-payroll-hack-drains-217k-a-3980

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