Hackers steal £237,000 from US city bank account

News

Hackers steal £237,000 from US city bank account

Antony Savvas

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.”

IT firms oppose spyware bill >>

The changing security threat of email attacks >>

Comment on this story: computer.weekly@rbi.co.uk


Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
 

COMMENTS powered by Disqus  //  Commenting policy