Breaches and incidents
South Padre Island Economic Development Corporation (Texas): cyberattack leads to unauthorized transfer of funds
Per KRGV, the mayor said “the attack led to an unauthorized transfer of funds to a fraudulent account”; “The city has not said how much money was sent.”
- Disclosed
- Verification
- Reported by a reputable outlet, citing the company
What happened
- Per KRGV, the mayor said “the attack led to an unauthorized transfer of funds to a fraudulent account”; “The city has not said how much money was sent.”
- Root cause: not disclosed. The EDC called it “an isolated incident” and said “its email system is separate from the city”; Mayor Patrick McNulty told residents to be “very careful when they use their phone or email.”
- No attacker named.
- “Federal agents are working closely with the EDC to conduct a thorough investigation”; the EDC called an emergency special meeting.