Thieves on the internet have stolen
over $1 Billion US Dollars as the wave of cyber attacks increase since 2013.
It
has cost banks around the globe up to $1
billion (870 million euros) according to a report by Russian computer security
firm Kaspersky Lab released Monday.
The large-scale theft, which Kaspersky
said was still going on, “indicates clearly the coming of a new era for
cybercrime”.
About 100 banks — mainly in Russia
but also in the United States, Germany, China and Ukraine — have been targeted.
It was too early to pin down the
source of the attacks, although some evidence points to China, Kaspersky said,
while warning that hackers sometimes plant clues intended to mislead
investigators.
The goal of the attacks “appears to
be financial gain rather than espionage,” the report said, adding that the
attackers are “clearly familiar with the software and networks of financial
services”.
Hackers commonly break into bank
networks by tricking staff into clicking on links or email attachments in a
process called “phishing.” In some cases the hackers follow targeted employees
on video surveillance images.
Once the attackers are in, they can
then transfer money to accounts under their control or make withdrawals at
certain bank machines. Stolen money was transferred to the United States and
China, Kaspersky said.
Hackers had such advanced access to
the banks’ systems that they could force bank machines to dispense cash at
specific times and locations where hackers could pick it up, The New York Times
reported Saturday.
Whopping sums of cash were involved,
with one institution losing $7.3 million in withdrawals at bank machines as
well as $10 million more through its online platform.
Kaspersky said the hackers are
trying to broaden their European attacks to Middle East, Asia and Africa.
Yahoo Yahoo boys (Cyber thieves) stole $ 1 Billion
Reviewed by Unknown
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Monday, February 16, 2015
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