ARCHIVES: Brigantine Hacked for $600,000. City Quietly Handles.

From OCT 2010 >> Computer hackers managed to steal $600,000 from Brigantine’s bank account. Officials say $200,000 still hasn’t been recovered.

TD Bank notified Brigantine on Tuesday that multiple wire transfers had taken place from its account. Police say someone was able to get a user name and password. Authorities say a virus or a fake Web page set up to mimic the bank’s real one might have been used to carry out the thefts. State Police and the FBI are assisting the investigation.

Mayor Phil Guenther tells The Press of Atlantic City he’s confident the city will recoup its losses, either through insurance or some other means.

The bank says it was able to reverse about $400,000 of the fraudulent transfers.

Unconfirmed reports of Brigantine finance dept computers being vulnerable. Still not sure if Brigantine’s insurance company denied approval for the claim. Reason? Maybe finance department internal controls and procedures were not followed – causing theft to be possible.

General public in Brigantine never told if anyone was reprimanded.

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