“Hackers” steal $500,000 (US) Virgin Islands government bank accounts

Computer hackers have exploited weaknesses in the security technology of a Puerto Rican bank to siphon hundreds of thousands of US dollars (euros) out of two U.S. Virgin Islands government accounts, a finance official said Thursday.

Hackers accessed the U.S. Caribbean territory’s accounts with banking giant Banco Popular, making numerous small withdrawals for up to two months until government officers discovered the thefts totaling US$500,000 (euro399,010) in August, Finance Commissioner Bernice Turnbull said.

Read the full story here