Slashdot Mirror
Bank Hackers Steal Millions Via Malware
An anonymous reader writes: When cybersecurity firm Kaspersky Lab was called in to investigate ATMs that had begun dispensing cash without input from users, they expected to find a simple problem. Instead, they found the ATMs were just the tip of the iceberg. The bank's internal computer systems were completely compromised, and in addition to the slow but steady siphoning of funds through physical machines, a criminal group was quietly transferring millions of dollars into foreign bank accounts. A report set to be published on Monday shows the attack extended to over 100 banks in 30 nations.
"Kaspersky Lab says it has seen evidence of $300 million in theft from clients, and believes the total could be triple that. But that projection is impossible to verify because the thefts were limited to $10 million a transaction, though some banks were hit several times. In many cases the hauls were more modest, presumably to avoid setting off alarms." Kaspersky Lab is unable to name the banks involved because of non-disclosure agreements, and no banks have come forward to acknowledge the breach. "The silence around the investigation appears motivated in part by the reluctance of banks to concede that their systems were so easily penetrated, and in part by the fact that the attacks appear to be continuing."
"Kaspersky Lab says it has seen evidence of $300 million in theft from clients, and believes the total could be triple that. But that projection is impossible to verify because the thefts were limited to $10 million a transaction, though some banks were hit several times. In many cases the hauls were more modest, presumably to avoid setting off alarms." Kaspersky Lab is unable to name the banks involved because of non-disclosure agreements, and no banks have come forward to acknowledge the breach. "The silence around the investigation appears motivated in part by the reluctance of banks to concede that their systems were so easily penetrated, and in part by the fact that the attacks appear to be continuing."
True! The IMF has the power to create money too but it doesn't, instead imposing draconian austerity measures on countries that don't work. The IMF is a killer, robbing countless Greeks of their lives.