Tuesday, October 16, 2012

Burlington had bank acct emptied by hackers Bank of America


Burlington had bank acct emptied by hackers Bank of America
> involved 10.15.12
>
> Thursday morning the City of Burlington (Washington) discovered
> that $487,000 was hacked from their $4,000,000 General Fund thru
> multiple banks, multiple bank accounts and multiple states
> through either the city system or through the Bank of America
> system.   They believe that someone hacked into the city’s
> payroll and got their hands on passwords and other info and made
> three separate withdrawals from the BofA accounts.   In addition
> about 200 sewer customers had their auto pay accounts
> compromised as well.   They believe the funds have been shifted
> to different banks around the world.   The rest of the city’s
> General Fund has been ‘temporally’ moved out of Bank of America.
>   http://sgtreport.com/2012/10/city-of-burlington-has-their-bank-
> account-emptied-by-hackers-bank-of-ameirca-involved/
> If this can be done here it can be done at any bank…
>
> So how “safe” is your account today???
>
> And auto pay accounts…are they safe?
>
> This example is why we need to go back to the Constitution and
> an asset backed monetary system which I believe is just around
> the corner and that would include safeguards in the banking
> systems worldwide as well.  (IMO)


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