Erie plastics firm victim of cybercrime

By Frank Esposito
Senior Staff Reporter

Published: June 3, 2014 1:01 pm ET
Updated: June 3, 2014 1:03 pm ET

Related to this story

Topics Materials, Public Policy, Europe, United States, Materials Suppliers

Thermoset plastics firm Haysite Reinforced Plastics is named as a victim in a recent federal court case against notorious Russian cyber-criminal Evgeny Bogachev.

In October 2011, Bogachev allegedly used malware known as Gameover Zeus and Cryptolocker to take almost $375,000 from a bank account belonging to Erie, Pa.-based Haysite, according to a May 28 filing in U.S. District Court in Pittsburgh.

Bogachev allegedly accessed the account when a Haysite employee opened an email that appeared to be from the National Automated Clearinghouse Association and clicked on a hyperlink that enabled Bogachev to access Haysite’s bank account.

Bogachev, a Russian resident, also has been linked to similar cybercrimes in Washington state, Florida, Massachusetts and North Carolina.

Haysite’s products include extruded sheet or molded parts made from thermoset resins. The firm also sells compounds based on those materials.


Comments

Erie plastics firm victim of cybercrime

By Frank Esposito
Senior Staff Reporter

Published: June 3, 2014 1:01 pm ET
Updated: June 3, 2014 1:03 pm ET

Post Your Comments


Back to story


More stories

Image

Plastics industry blasted for stance in green building debate

July 22, 2014 2:45 pm ET

The plastics industry has taken high-profile stance in the debate over green building standards. The result, today at least, is that it's getting...    More

Image

Munson Machinery expanding assembly, testing operations

July 22, 2014 2:02 pm ET

Munson Machinery Co. Inc. is expanding its headquarters factory by about one-third in Utica, N.Y., where the company makes mixing, blending and size-...    More

Image

Evolving with the times helps Ohio's Midwest Elastomers prosper

July 22, 2014 12:53 pm ET

Midwest Elastomers Inc. is 35 years old this year, and if the company hadn't abandoned its roots and evolved, it long ago could have gone the way of...    More

Image

DSM planning North American nylon plant

July 22, 2014 11:41 am ET

Materials firm Royal DSM NV plans to build a new nylon resin plant in North America, but no decision has been made on the plant's exact location.    More

Image

Illinois injection molder expands

July 21, 2014 1:23 pm ET

Automotive supplier All-Rite Industries Inc. has added two new injection molding machines to its operations.    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events