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Hacker steals funds from Missouri school district

Friday, September 2, 2011 | 12:08 p.m. CDT

DEXTER — Authorities in the southeast Missouri town of Dexter are investigating after hackers were able to access Dexter School District money through a bank account and steal some of those funds.

The Dexter Daily Statesman reports that the school district's database did not appear to be corrupted, so officials believe the breach was "within the banking industry."

Officials did not disclose how much money was taken through falsified electronic transfer. But superintendent Thomas Sharp says about one-third of the stolen funds have been retrieved, and he says the district expects to eventually get all of the money back.

Officials say the unauthorized transaction occurred on Aug. 17. The district announced it on Wednesday.

 


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