Escrow Firm Loses Nearly $500K from Online Thieves

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. Read the full article. [KrebsonSecurity]

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. Read the full article. [KrebsonSecurity]

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Discussion

  • Todd Smeed on

    This article should be a wakeup call to financial institutions everywhere, especially when their business is based on storing money which belongs to others.  Few organizations can afford to take a financial hit such as this.

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