Hackers Stole $7.5 Million from Jewish Federation of Greater Washington

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The FBI is investigating the theft of $7.5M from an endowment fund managed by the Jewish Federation of Greater Washington. The hack was discovered by members of the federation when suspicious activity was detected in an employee’s email account by an IT contractor. It is believed that the hackers first gained access to its systems in early summer.

The CEO reported the theft in a virtual call with employees saying the initial attack targeted an employee who was using their personal computer while working from home. Like many companies, Federation staff has been working from home since the Coronavirus outbreak, many often using personal computers, creating vulnerabilities for hackers to take advantage of.

Since the attack, its leaders have taken additional measures to make sure this does not happen again, including not allowing employees to work from their personal computers.

To read the full article click here.

Prevent This From Happening To YOU!

The Coronavirus (COVID-19) has caused a major shift to working from home protocols. Many companies have their employees working remotely, possibly for the first time ever. With many people in the US under orders to stay home to slow the spread of COVID-19, working from home – sometimes on your personal computers and/or cellphones – makes you a much wider target for hackers. Below are a couple of recommendations to help you work from home more safely.

  • Update your software
  • Use two-factor authentication
  • Avoid phishing scams
  • Beef up your personal security

As it becomes more critical than ever, companies must take the necessary measures to reduce the risk of hackers. Click here to read more about the recommendations on what you can do to work from home more safely.

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