Journal plover's Journal: PC Invader Costs Ky. County $415,000 1
The Washington Post is reporting a complex hack and con job resulting in the theft of $415,000 from Bullitt County, Kentucky. The story is fascinating, and is filled with detailed information regarding the theft.
Bank has some fault here (Score:2)
They set up a system that required multiple credentials to transfer money, but one of those credentials could be used to reset the other? Give me a break!
This was a system deliberately setup to look more secure than it actually was. The Controller was relying on that extra protection the bank was offering. It seems the county was scammed twice!