Bank IT admin charged with computer fraud

Share this article:
A Bank of America IT worker is expected to plead guilty Tuesday to planting malware on the institution's computers and ATM machines, allowing him to fraudulently withdrawal thousands of dollars without leaving any record of the transactions. Rodney Reed Caverly, 37, of Charlotte, N.C. allegedly netted more than $5,000 though the scheme, which ran from March to October 2009. Caverly was charged with one count of computer fraud and, if convicted, faces up to five years in prison. — AM
Share this article:
You must be a registered member of SC Magazine to post a comment.

Sign up to our newsletters

More in News

U.S. under cyber attack, losing ground to adversaries

In testimony to a Senate committee, cyber experts said the U.S. has fielded 600,000 attacks this year.

Researchers in China work on facial recognition payment app

The app is expected to be launched next year.

Mobile app study reveals privacy concerns

Mobile app study reveals privacy concerns

Of the more than 1,200 mobile apps that were assessed in a recent study, 75 percent requested one or more permissions.