City of Naples out $700K after cyberattack

Change your passwords, but not to these
Posted at 7:42 AM, Aug 05, 2019
and last updated 2019-08-05 07:42:44-04

NAPLES, Fla. (AP) — Officials in the southwest Florida city of Naples say they lost $700,000 in a recent cyberattack.

The Naples Daily News reports that the attack was a "spear phishing" effort targeting a specific person or department and that appeared to be from a trusted source.

Authorities say the money was paid to a fake bank account the attacker provided while posing as a representative from the Wright Construction Group, which was doing infrastructure work in downtown Naples.

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City Manager Charles Chapman says the attack was an isolated incident and has not impacted the city's data systems.

Chapman says a criminal investigation has been launched.

Other Florida cities including Key Biscayne, Riviera Beachand Lake City have also been targeted in cyberattacks.