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Five Flags Center says overseas hack thwarted

News

August 2nd, 2022 by Ric Hanson

(Radio Iowa) – The operators of a Dubuque entertainment venue say they have recovered funds involved in an overseas hack. The Five Flags Center says hackers attempted to initiate a wire transfer of money from the Center’s account at MidWestOne Bank in late June to an account in Hong Kong. Five Flags Center says in a statement they worked with MidWestOne Bank, local authorities and the F-B-I to find the source of the attack and stop the transfer before it could be completed.

Published reports say the attempted hack involved 300-thousand dollars.