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Accountant laundered $5.3 million stolen from Children’s Healthcare of Atlanta by hacker, prosecutors say

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Accountant laundered $5.3 million stolen from Children’s Healthcare of Atlanta by hacker, prosecutors say

A former accountant, Ronald Deabler, was sentenced to federal prison for laundering over $5.3 million that hackers stole from Children's Healthcare of Atlanta. Deabler, a 66-year-old certified public accountant and Atlanta business owner, participated in a scheme to move the stolen funds.

Why it matters: Healthcare organizations and their financial partners face insider threat risks; this case demonstrates how trusted employees with access to financial systems can amplify the damage from external breaches by facilitating money laundering.

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