Citi Hackers Got Away With $2.7 Million
angry tapir writes "Citigroup suffered about US$2.7 million in losses after hackers found a way to steal credit card numbers from its website and post fraudulent charges. Citi acknowledged the breach earlier this month, saying hackers had accessed more than 360,000 Citi credit card accounts of U.S. customers. The hackers didn't get into Citi's main credit card processing system, but were reportedly able to obtain the numbers, along with the customers' names and contact information, by logging into the Citi Account Online website and guessing account numbers."
Citigroup suffered about US$2.7 million in losses
- dollars?
Nothing of value was lost.
CSO: Sir, we had a security breach! Credit card data was stolen and we lost money. We should up our security budget and improve our security standards!
CEO: This ... is bad, right? But ... no, I'll just tell finance to add the damage to our next bailout request. How much is it?
CSO: 2.7 millions.
CEO (enraged): 2.7 millions? You waste my time for that? I make more than that in bonuses every year, even when we lose money. Get the hell out of my office and come back when something serious happens!
Fixed that for you
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
They seem to have stolen less than the bankers themselves.
Does this