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CACI’s Paul Cofoni Sees Cyber Threat on Three Levels
Cyber threats can be seen on three levels: cyber theft, third-party nation threat, and the cyber-terrorist threat, according to CACI President and Chief Executive Officer Paul Cofoni
Appearing on CNBC’s “Fast Money” to discuss the future funding of cybersecurity within the coming year, Cofoni said the money will be prioritized in …
Bank Sues Victim over Cyber Theft
Published on 29 Jan, 2010 at 13:27 in Cloud | Viewed 395 times | No Comments
PlainsCapital Bank in Texas is suing Hillary Machinery Inc after the customer was hit by a cyber theft of $800,000. Late last year, hackers in Italy and Romania conducted a series of unauthorized wire money transfers of around $800,000, of which PlainsCapital Bank recovered around $600,000.
The victim proceeded to demand that the bank repay the rest of the money, claiming that the theft occurred because the bank failed to…
