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Old 08-26-2021, 05:05 PM
Status: "I reject your reality and substitute my own" (set 18 days ago)
 
10,870 posts, read 20,357,316 times
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Quote:
Originally Posted by AtkinsonDan View Post
Peterborough town employees got phished!
This was not Phishing.
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Old 08-26-2021, 05:05 PM
KCZ
 
4,044 posts, read 2,541,700 times
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I can't see the ins company covering this. The town wasn't directly hacked...an employee initiated the account change and money transfer. I wonder if municipal policies protect the town from an employee's negligence.
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Old 08-26-2021, 05:54 PM
 
5,885 posts, read 5,897,984 times
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Attach the involved employee's checks and pensions for a start at getting the money back, fat chance The town is going to dump this right on the taxpayer via their property tax bills.
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Old 08-27-2021, 06:00 AM
 
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Typically a school district will have a superintendent who is the CEO. Under them, there are those responsible for learning and operations with the latter including finance, facilities, and IT. It's the responsibility of this individual to put in place policies, procedures, and training to deal with these sorts of instances.

A payee bank account never should have been changed without the authorization of a high level manager.
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Old 08-27-2021, 07:39 AM
KCZ
 
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This is on the town not the school district, but in either case, in small northern New England towns, there aren't that many employees, everyone wears a lot of hats, and most people work there doing the same thing day after day from the time they're hired until they retire. Not terribly progressive environments.
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Old 08-27-2021, 08:13 AM
 
7,098 posts, read 4,746,047 times
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Quote:
Originally Posted by NHDave View Post
This was not Phishing.
A town employee changed banking information based off of a fraudulent email. That scenario is among a handful of strategies known as phishing.
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Old 08-27-2021, 08:27 AM
 
Location: Grafton & Coös Counties
878 posts, read 624,359 times
Reputation: 1574
Quote:
Originally Posted by KCZ View Post
This is on the town not the school district, but in either case, in small northern New England towns, there aren't that many employees, everyone wears a lot of hats, and most people work there doing the same thing day after day from the time they're hired until they retire..

Which is one of the reasons some sort of rudimentary "training" or similiar might at least increase awareness of this brand of crime. Look at some of the little nothing towns such as Monroe, Dorchester, Dalton, or Ellsworth. They probably have less than three total employees working in their town offices-how knowledgeable are they on computer crimes and prudent procedures for paying the town's bills?
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Old 08-27-2021, 09:18 AM
 
2,562 posts, read 2,123,800 times
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Quote:
Originally Posted by abnfdc View Post
how knowledgeable are they on [...] prudent procedures for paying the town's bills?
This should be job 1 for any organization, public or private - basic financial controls. It isn't reasonable to expect every city employee to be up to date on the latest scams, but anyone who has access to money should know the basics of procedures to pay bills.
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Old 08-27-2021, 02:07 PM
 
788 posts, read 1,373,714 times
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Peterborough has 5 people working just in the Finance Department, including the outgoing Finance Director, who was CFO for EMS for close to 20 years.

Here the Town Administrator helpfully answers questions on the matter…

https://www.monadnockbeat.com/articl...n-2-3-million/

They haven’t addressed how it is that after losing $1.2 million they did not change their procedure related to ACH payments (either suspend it or make employees extremely aware of the need to verify any changes) to avoid losing another $1 million+ intended to be paid to a different entity from the school district.

Last edited by cowbell76; 08-27-2021 at 02:16 PM..
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Old 08-27-2021, 03:50 PM
KCZ
 
4,044 posts, read 2,541,700 times
Reputation: 11399
Quote:
Originally Posted by cowbell76 View Post
Peterborough has 5 people working just in the Finance Department, including the outgoing Finance Director, who was CFO for EMS for close to 20 years.

Here the Town Administrator helpfully answers questions on the matter…

https://www.monadnockbeat.com/articl...n-2-3-million/

They haven’t addressed how it is that after losing $1.2 million they did not change their procedure related to ACH payments (either suspend it or make employees extremely aware of the need to verify any changes) to avoid losing another $1 million+ intended to be paid to a different entity from the school district.
Actually, he answered one out of eight questions. Not so helpful. You're being kind. Heads should roll, including the person that did this and that person's supervisor or dept manager.
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