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Three Banks Lose Millions After Wire Transfer Switches Hacked

mask.of.sanity writes "Criminals have stolen millions from three unnamed U.S. banks by launching slow and stealthy denial of service attacks as a distraction before attacking wire payment switches. The switches manage and execute wire transfers and could have coughed up much more cash should the attackers have pressed on. RSA researcher Limor Kessem said, 'The service portal is down, the bank is losing money and reliability, and the security team is juggling the priorities of what to fix first. That's when the switch attack – which is very rare because those systems are not easily compromised [and require] high-privilege level in a more advanced persistent threat style case – takes place.'"

7 of 179 comments (clear)

  1. Re:stealthy? by Anonymous Coward · · Score: 2, Funny

    If nobody's around when the DOS is being executed, did it really happen?

  2. Re:And now to our resident expert: by muphin · · Score: 5, Funny

    He's currently in jail for speaking up against the banks, ya know.. letting those terrorists know about the loopholes so they can exploit it

    --
    It's not a typo if you understood the meaning!
  3. Re:Smart Criminals by Anonymous Coward · · Score: 5, Funny

    I once stalked a woman for fifty years before making my move. It was a beautifully coordinated attack that required no less than sixty seven coincidences to occur at once. Once I have her isolated, I realized that she was like ninety, so I gave up and left. Kind of a let down. Just one of the downsides of being a vampire I guess.

  4. Halarity ensues... by MobSwatter · · Score: 5, Funny

    Crooks robbing crooks...

  5. Re:Smart Criminals by narcc · · Score: 3, Funny

    In this specific case, it's more like a serial rapist finally getting raped.

    I miss car analogies...

  6. Re:Smart Criminals by tuo42 · · Score: 5, Funny

    *clear throat

    *taptap...onetwo...thisthingon?...taptap...onetwothree...good

    *clear throat again

    Ladies and Gentlemen, I present to you: the car analogy for our topic tonight

    It's like...with the police behind following you in your car...

    blinking left, but taking a right turn!

    *badabumm

    Thank you, thank you, I'm here all night.

  7. Re:Smart Criminals by Nidi62 · · Score: 2, Funny

    I miss car analogies...

    The Ford Pinto plant getting rear-ended and blowing up?

    --
    The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil