Feeds

Spyware hackers raid Calif. city coffers

Wild Wild West

The essential guide to IT transformation

Hackers attempted to swipe $450,000 after stealing login credentials associated with bank accounts run by the city of Carson, California. Police are working on the theory that the password for the general fund account was stolen after miscreants planted key-logging spyware onto a PC used by city treasurer Karen Avilla.

All but $45,000 of the stolen money was recovered after city officials spotted a pair of suspicious transfers and notified their bank, according to city treasurer Karen Avilla. Investigators are working to trace the destination of the remaining funds.

The use of malware is beginning to replace spam-vertised phishing sites as a means for crooks to obtain sensitive login information. Normally such attacks are targeted as consumers. Carson City's experiences show large enterprises are also vulnerable. It's unclear whether or not Carson City was targeted by fraudsters.

The two unauthorised transfers involve $90,000 sent to a "Diego Smith" in North Carolina and a blocked attempt to wire $358,000 to a bank in Kalamazoo, Michigan, the LA Times reports. The fraudulent transactions took place on 23 and 24 May, respectively.

"Although officials claim that any losses are covered by the city's insurers, I fully expect the city's insurance premium to rise at the next renewal date," said Geoff Sweeney, CTO at behavioural analysis software specialist Tier-3. Prevention is better than cure, he added. ®

Next gen security for virtualised datacentres

More from The Register

next story
Ice cream headache as black hat hacks sack Dairy Queen
I scream, you scream, we all scream 'DATA BREACH'!
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
Attack flogged through shiny-clicky social media buttons
66,000 users popped by malicious Flash fudging add-on
New Snowden leak: How NSA shared 850-billion-plus metadata records
'Federated search' spaffed info all over Five Eyes chums
Three quarters of South Korea popped in online gaming raids
Records used to plunder game items, sold off to low lifes
Oz fed police in PDF redaction SNAFU
Give us your metadata, we'll publish your data
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?