Five indicted in cybertheft of city’s bank accounts

Jaikumar Vijayan reports:

Five people were indicted this week on wire fraud and other criminal charges stemming from a 2007 cybertheft in which nearly $450,000 was stolen from the bank accounts of the city of Carson, Calif.


The alleged thieves used valid login credentials to access the city’s bank account and initiate both the money transfers, Avilla said. The city later recovered about $304,000 of the stolen money and was reimbursed $100,000 more by its insurance provider. But it is still short of about $44,000 as a result of the theft, she added.

Gregory Evans, CEO of Ligatt Security, hired by Carson officials to conduct a forensics investigation of the incident, said the city’s login credentials were stolen via spyware installed on Avilla’s city-issued laptop computer.

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