Maine Firm Sues Bank After $588,000 Cyber Heist

posted September 24, 2009


A construction firm in Maine is suing a local bank after cyber thieves stole more than a half million dollars from the company in a sophisticated online bank heist. On Friday, Sanford, Maine based Patco Construction Co. filed suit in York County Superior Court against Ocean Bank, a division of Bridgeport, Conn. based People’s United Bank. The lawsuit alleges that Ocean Bank did not do enough to prevent cyber crooks from transferring approximately $588,000 to dozens of co-conspirators throughout the United States over an eight-day period in May.

Source:

Washington Post

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