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Hackers steal £237,000 from US city bank account

Monday 11 June 2007 12:00

Hackers have broken into the capital city of the State of Nevada's general fund bank account and stolen $450,000 (£237,000), reports the LA Times.

Investigators believe the hackers obtained the Carson City account log-in details after successfully uploading spyware to a city-owned computer.

City treasurer Karen Avilla said she and her staff acted quickly after discovering an initial theft and, as a result, the bank was able to freeze 90% of the funds, although officials are still looking for the remaining $45,000.

Geoff Sweeney, CTO at behavioural analysis software specialist Tier-3, said, “This case is a clear illustration that conventional anti-virus and signature detection IT security software - which was used on the hacked Carson City computer - is no longer enough.”

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