+ - Hackers take banks to the cleaners for at least $300 Million->
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jjoelc
jjoelc (1589361) writes "In a highly sophisticated attack, hackers struck over 100 different banks over the course of nearly two years making off with at least $300 million, though Kaspersky Labs estimates the true total could be 3 times that. Getting a total is difficult not only because of the scale of the attack, but because transactions were never more than $10 million, though some banks were hit more than once.
“This is likely the most sophisticated attack the world has seen to date in terms of the tactics and methods that cybercriminals have used to remain covert,”
The hackers spent months monitoring infiltrated systems, learning the routines of the bank involved. When it came time to cash out varying methods were used including account transfers to dummy accounts and causing ATM machines to dispense cash at scheduled times. The largest sums were taken by gaining access to the banks accounting systems and artificially inflating an account balance, then quickly transferring the excess balance to a dummy account."
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“This is likely the most sophisticated attack the world has seen to date in terms of the tactics and methods that cybercriminals have used to remain covert,”
The hackers spent months monitoring infiltrated systems, learning the routines of the bank involved. When it came time to cash out varying methods were used including account transfers to dummy accounts and causing ATM machines to dispense cash at scheduled times. The largest sums were taken by gaining access to the banks accounting systems and artificially inflating an account balance, then quickly transferring the excess balance to a dummy account."
Link to Original Source
