Tallahassee Payroll Account Loses Nearly $500,000 Due to Suspected Cyberattack

Nearly $500,000 has been diverted out of a city of Tallahassee payroll account and the suspected culprit is a cyber attack on the city’s human resources management application. City spokeswoman Alison Faris reported that “There is no indication of any impact to external city customers or vendors.”

The funds were supposed to be used for the city’s payroll. Faris stated that despite the attack, the city worked “to ensure [employees] receive that (paycheck) tonight.” The city’s technology staff worked to contain the attack and to improve the system’s security. As for the culprits of the attack, the city worked with law enforcement to pursue criminal charges. According to USA Today, the city worked with its banks to recover the diverted funds and thus far, it has been able to recoup 25 percent of the missing funds. The city also got in touch with its insurance company.

Further, according to WTXL Tallahassee, this is the second time the city has faced such an attack in a month. The last similar type of attack occurred when a Dropbox link was issued from the email account of Reese Goad, the City Manager. The email was a phishing email created externally and that featured a virus. The good news is that there have not been any lingering effects from the attack – at least, that are known at this point.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide