Online Thieves Steal $500,000 from NY School District
The Federal Bureau of Investigation (FBI) is investigating a small school in upstate New York for being a victim of online theft for almost half million dollars. The said school is the Duanesburg Central School District. Cyber thieves tried to rob the district online bank accounts for about $3.8 million.
By December 18, the thieves attempted to transfer $1.86 million from the district’s account at NBT bank to an overseas account. They tried to transfer again another $1.19 million to different overseas location after a week. The bank representative suspected and flagged the money transfer amounting of $758,758.70 after they discovered the two previous unauthorized transactions.
Fortunately, Duanesburg and NBT bank have recovered the $2.55 million stolen funds from them but still lacking $497,000. According to Duanesburg Central, more than a quarter of district’s budget for a year has been targeted by the thieves, which is less than $15 million. It is servicing about 1,000 students from kindergarten to 12th grade near west of Albany.
The same attack also happened on school districts, cities, counties and small businesses across the country last year. Attackers use malicious software get the user names and passwords and steal from the users’ online bank accounts. The FBI and the New York state are helping each other to investigate but it’s still unclear if malicious software has something to do with the attack. Duanesburg Central School District stopped online access to its bank accounts and requested that payments should be sent and received through paper check for now.
How Can Techie Now Help?
It’s really impressive how cyber criminals are able to create an online attack, steal money or infect computers worldwide without being caught in what they do. The only thing you can do for now is prevent yourself from being their victims. Of course, be careful when visiting websites, opening e-mails or downloading files. Also use authentic antivirus software to prevent your computer from being infected. If you need help with PC services like virus and spyware removal, performance optimization, installation and configuration and general repair, contact Techie Now right away!