City officials realized on May 17 that there had been a breach; incident has been reported to the FBI and others

Officials with the city of Portland say they’ve lost $1.4 million due to a “cybersecurity breach.”

City officials recently learned of a “fraudulent financial transaction” that occurred late last month, according to a press statement issued Friday afternoon by the city’s Office of Management and Finance. City officials realized there had been a breach after another attempt was made on May 17.