10 Financial Institutions Hit By Hackers


U.S. Defense Department’s Defense Finance and Accounting Service

In addition to Citibank, E-Trade, and the like, hackers infiltrated the U.S. Department of Defense, Defense Finance and Accounting Service as well. Once they obtained the unauthorized access, the hackers then transferred funds from themselves to bank accounts and rolled cash into pre-paid debit cards they controlled.

The fraudulence didn’t end there as the hackers began a serious cash-out operation, which employed members outside the criminal circle. Funds were withdrawn via ATM in New York, Massachusetts, Illinois, and Georgia. No word on whether those affected were recouped by the U.S. government.


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