State treasurer: $1.4 million stolen in CHET security breach

Posted: Updated:
FAIRFIELD -

Several people in western Connecticut say they have fallen victim to a security breach involving their college education savings accounts.

Fairfield police say three people were hacked in town losing about $140,000 from their college education fund.

State Treasurer Denise Nappier said in a release Thursday that this is the first known breach in the 20-year history of the Connecticut Higher Education Trust, or CHET.

She says 44 higher education accounts have been hacked in Connecticut and that $1.4 million has been taken.

Lori Torrano, an Edward Jones financial advisor, says to use systems that are read-only to ensure that no one is able to make a change to the account. She says this way no one will be able to take money out, request a check or empty an account.

Fairfield police say the money will be reimbursed. State police and FBI are also investigating.

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."