As cited
Copy frozen at (site build).
breaches incidents
Accountant laundered $5.3 million stolen from Children’s Healthcare of Atlanta by hacker, prosecutors say (1)
A former accountant and business owner, Ronald Deabler, was sentenced to federal prison after being convicted of laundering over $5.3 million that was stolen from Children's Healthcare of Atlanta in a hacking scheme. Deabler, a 66-year-old certified public accountant, was found guilty by jury for his role in the money laundering operation linked to the theft.
Why it matters: Healthcare organizations and financial institutions should review controls over large fund transfers and monitor accounts for suspicious activity; this case illustrates how attackers combine initial breach compromise with insider help to move stolen funds.
- Source published
- First seen by Cybersecurity Tracker