Monday, March 22, 2010

Organized Crooks Hit N.J. Town, Arkansas Utility

Brian Krebs:

An Arkansas public water utility and a New Jersey town are the latest victims of an organized cyber crime gang that is stealing tens of millions of dollars from small to mid-sized organizations via online bank theft.

On Thursday, officials in Egg Harbor Township, N.J. acknowledged that a sizable amount of money was taken in an “outside intrusion into a municipal banking account,” suggesting in public statements that computer criminals were responsible.

Mayor James J. “Sonny” McCullough confirmed that the thieves took close to $100,000 from town coffers, sending the money in sub-$10,000 chunks to individuals around the country who had no prior businesses with Egg Harbor.

In a separate incident on March 4, organized crooks stole roughly $130,000 from North Garland County Regional Water District, a public, nonprofit utility in Hot Springs, Ark. Again, thieves somehow broke into the utility’s online bank account and set up unauthorized transfers to more than a dozen individuals around the country that were not affiliated with the district.

More here.


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