Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

A bank in the Western District of Virginia fell victim to two separate phishing attacks over the course of eight months that allowed hackers to steal in excess of $2.4M. The bank's insurance company refused to cover anything beyond their debit card policy due to the way the funds were stolen. When writing a cybersecurity insurance policy, it is recommended that the customer have a policy expert to review and help write the policy.

Relevant URL(s): https://krebsonsecurity.com/2018/07/hackers-breached-virginia-bank-twice-in-eight-months-stole-2-4m/