Regional Virginia Bank Falls Victim to Coordinated $2.4M ATM Heist

A regional Virginia bank, the National Bank of Blacksburg, has lost $2.4 million in a cyber-heist that affected the STAR ATM and debit network, following a successful phishing attack that compromised the institution’s internal networks. The bank is now suing its insurance carrier for not covering...

Hackers Breached Virginia Bank Twice in Eight Months, Stole $2.4M

Hackers used phishing emails to break into a Virginia bank in two separate cyber intrusions over an eight-month period, making off with more than $2.4 million total. Now the financial institution is suing its insurance provider for refusing to fully cover the losses. According to a lawsuit filed...