Attention School Districts: You are Being Targeted by Cyber-Criminals

Local school districts across the United States have emerged as a prime target for cyber-criminals. In the fall of 2009, districts in Colorado, Illinois, Oklahoma and Pennsylvania all reported thefts of tens of thousands of dollars each due to a cyber-crime wave. The threat continues: on January 5, 2010, the Duanesburg, New York Central School District disclosed an attempted theft of $3.8 million, about a quarter of the district's operating budget.

These crimes have been driven by malicious software infecting central office PC's containing the district's electronic banking details. These details were subsequently used by cyber-criminals to access the district's online bank account and illegally transfer money out of the account to money-mules, who subsequently transfer the funds to the criminal ringleaders.