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e-Banking Bandits Stole $465,000 From Calif. Escrow Firm

Posted on June 29, 2010 by Dissent

Brian Krebs writes:

A California escrow firm has been forced to take out a pricey loan to pay back $465,000 that was stolen when hackers hijacked the company’s online bank account earlier this year.

In March, computer criminals broke into the network of Redondo Beach based Village View Escrow Inc. and sent 26 consecutive wire transfers to 20 individuals around the world who had no legitimate business with the firm.

Read more on KrebsOnSecurity.

Category: Breach IncidentsFinancial SectorMalwareU.S.

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