A Connecticut city says it has recovered more than half the nearly $1 million stolen from city accounts during a 2016 hacking scheme.
An attorney for the city of Norwalk said Wednesday that by filing claims, complaints and a lawsuit against insurance companies, the city has been able to recoup $515,000 and is still pursuing the remaining $335,000 that was stolen.
The Hour reports the city discovered in November 2016 that an $849,741.59 payment made to a vendor using the Automated Clearing Housing system had not been received.
An investigation is ongoing into the hacking that targeted the vendor’s system. Norwalk police and the FBI are continuing to track down additional funds from the perpetrators.
Information from: The Hour
Topics Cyber Connecticut
Was this article valuable?
Here are more articles you may enjoy.
Update: Hurricane Melissa Churns Toward Jamaica as Category 5 Storm
Rotting Apple: Berkley Explains Property Market, Company Appetite
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry
Trucking App Trucker Path Launches Retail Insurance Agency 

