The Cambridge Central School District was recently the victim of a cyber fraud incident involving the unauthorized transfer of approximately $461,000 from our Capital Construction Fund.
Upon discovery, the district immediately engaged local law enforcement, legal counsel and our insurance providers. The district is currently working in close coordination with the New York State Police, the FBI and the U.S. Secret Service. While this remains an active investigation, our primary focus is the recovery of these funds.
We can assure the community that this will not impact district operations and this fraud incident does not impact the ongoing 2026-27 budget development process.
To safeguard district finances, we are reviewing internal controls and including additional checks and balances around banking and purchasing due to this incident and the increasing rate of cyber attack cases occurring regionally and nationwide. We have also collaborated with WSWHE BOCES to run scans to ensure that the district’s network was not compromised.
The district extends its sincere appreciation to the law enforcement agencies for their diligent work in attempting to recover district funds and pursue those responsible.