IT Firm Loses $100,000 to Online Bank Fraud
February 26, 2010
Total Loss:
$100,000
A New Hampshire-based IT consultancy lost nearly $100,000 this month after thieves broke into the company's bank accounts with the help of 10 co-conspirators across the United States. On Feb. 10, Hudson, N.H. based Cynxsure LLC received a voicemail message from its bank, Swift Financial, a Wilmington, Del. institution that focuses on offering financial services to small businesses. The message said to contact the bank to discuss an automated clearing house (ACH) payment batch that had been posted to Cynxsure's account.
Source:
Krebs On Security
Posted in:
Check Fraud