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New Jersey school district targeted in $200K cybersecurity theft.

Authorities say $200,000 was stolen in a “cybersecurity incident” that hit the Galloway Township public school district and authorities are investigating in the hopes to get the money back. Superintendent Annette C. Giaquinto said in an email to NJ Advance Media. “We have retained the services of a forensics firm to perform an investigation into the cause and extent of this incident, and law enforcement has been notified.” The theft appeared limited to the login credentials of staff members and did not affect students or their families, Giaquinto said. The incident included two fraudulent wire transfers of $200,000 each, “one of which has already been recovered due to the swift action of the district and the assistance of the bank,” Giaquinto said. She said the transfer was reversed and the money returned.  The district is attempting to recover the balance from the other transfer, she said.