DataBreaches.Net

Menu
  • About
  • Breach Notification Laws
  • Privacy Policy
  • Transparency Report
Menu

Bank recovers some of $28K stolen from Eliot account – but was this crime preventable?

Posted on July 30, 2011 by Dissent

OK, now this is somewhat disturbing: it appears that even when a bank was warned that accounts were about to be raided, they failed to prevent it.

David Ramsay reports:

TD Bank has notified the town it has recovered a portion of the $28,000 stolen on July 12 from the town’s direct deposit bank account.

“We have received some of it back. I can’t tell you the exact amount; I don’t have that information,” Town Administrator Dan Blanchette told the Board of Selectmen on Thursday night. “I suspect it’ll take two weeks before we know much more.”

A former Washington Post staffer Brian Krebs, who now blogs on security issues, had alerted the town’s controller and TD Bank on July 11, prior to the theft, that town accounts likely were being raided by computer crooks overseas.

TD Bank was unable to detect any unusual activity and later missed the withdrawals by the thieves.

Read more on Seacoastonline.com

Did the town change the passwords on its accounts as soon as they were warned? Did the bank put an additional lawyer of security on the town’s accounts after they warned? What happened here? It’s not usual to have a reporter call you with a warning (and thumbs up to Brian for taking the time and effort to try to prevent the crime). So why wasn’t this crime prevented?

Category: Breach IncidentsGovernment SectorU.S.

Post navigation

← CANTV, Venezuela’s largest company hacked by @SwichSmoke
(follow-up) BCBS of Tenn. Encrypts All Stored Data →

Now more than ever

"Stand with Ukraine:" above raised hands. The illustration is in blue and yellow, the colors of Ukraine's flag.

Search

Browse by Categories

Recent Posts

  • Germany fines Vodafone $51 million for privacy, security breaches
  • Google: Hackers target Salesforce accounts in data extortion attacks
  • The US Grid Attack Looming on the Horizon
  • US govt login portal could be one cyberattack away from collapse, say auditors
  • Two Men Sentenced to Prison for Aggravated Identity Theft and Computer Hacking Crimes
  • 100,000 UK taxpayer accounts hit in £47m phishing attack on HMRC
  • CISA Alert: Updated Guidance on Play Ransomware
  • Almost one year later, U.S. Dermatology Partners is still not being very transparent about their 2024 breach
  • Oklahoma Expands its Security Breach Notification Law
  • Ransomware group Gunra claims to have exfiltrated 450 million patient records from American Hospital Dubai.

No, You Can’t Buy a Post or an Interview

This site does not accept sponsored posts or link-back arrangements. Inquiries about either are ignored.

And despite what some trolls may try to claim: DataBreaches has never accepted even one dime to interview or report on anyone. Nor will DataBreaches ever pay anyone for data or to interview them.

Want to Get Our RSS Feed?

Grab it here:

https://databreaches.net/feed/

RSS Recent Posts on PogoWasRight.org

  • How the FBI Sought a Warrant to Search Instagram of Columbia Student Protesters
  • Germany fines Vodafone $51 million for privacy, security breaches
  • Malaysia enacts data sharing rules for public sector
  • U.S. Enacts Take It Down Act
  • 23andMe Bankruptcy Judge Ponders Trump Bill’s Injunction Impact
  • Hell No: The ODNI Wants to Make it Easier for the Government to Buy Your Data Without Warrant
  • US State Dept. says silence or anonymity on social media is suspicious

Have a News Tip?

Email: Tips[at]DataBreaches.net

Signal: +1 516-776-7756

Contact Me

Email: info[at]databreaches.net

Mastodon: Infosec.Exchange/@PogoWasRight

Signal: +1 516-776-7756

DMCA Concern: dmca[at]databreaches.net
© 2009 – 2025 DataBreaches.net and DataBreaches LLC. All rights reserved.