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Rumor Mill News Reading Room, Current Archive

Sophisticated hackers, impersonating bank officers, have stolen $300million or more from banks since 2013

Posted By: MrFusion
Date: Monday, 16-Feb-2015 11:20:57
www.rumormill.news/10924

Don't feel sorry for the banks, they'll get it reimbursed by you and me when they do their bail-in...

~~~~~~~~~~~~~~~~~~~~
Bank Hackers Steal Millions via Malware
By DAVID E. SANGER and NICOLE PERLROTH \ FEB. 14, 2015

PALO ALTO, Calif. — In late 2013, an A.T.M. in Kiev started dispensing cash at seemingly random times of day. No one had put in a card or touched a button. Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right moment.

But when a Russian cybersecurity firm, Kaspersky Lab, was called to Ukraine to investigate, it discovered that the errant machine was the least of the bank’s problems.

The bank’s internal computers, used by employees who process daily transfers and conduct bookkeeping, had been penetrated by malware that allowed cybercriminals to record their every move. The malicious software lurked for months, sending back video feeds and images that told a criminal group — including Russians, Chinese and Europeans — how the bank conducted its daily routines, according to the investigators.

Then the group impersonated bank officers, not only turning on various cash machines, but also transferring millions of dollars from banks in Russia, Japan, Switzerland, the United States and the Netherlands into dummy accounts set up in other countries.

In a report to be published on Monday, and provided in advance to The New York Times, Kaspersky Lab says that the scope of this attack on more than 100 banks and other financial institutions in 30 nations could make it one of the largest bank thefts ever — and one conducted without the usual signs of robbery.

~~~~~ CONTINUE AT: ~~~~~

http://www.nytimes.com/2015/02/15/world/bank-hackers-steal-millions-via-malware.html?_r=1



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Articles In This Thread

Sophisticated hackers, impersonating bank officers, have stolen $300million or more from banks since 2013
MrFusion -- Monday, 16-Feb-2015 11:20:57
Reader points out there may be more going on here than just theft, as it is associated with ATMs spewing free cash
MrFusion -- Monday, 16-Feb-2015 20:37:33
Some hackers have reprogrammed ATMs to accept secret codes allowing hired "mules" to collect cash
MrFusion -- Monday, 16-Feb-2015 20:50:06
Now estimated that bank hackers have stolen as much as $1billion in ongoing scheme (Kaspersky report)
MrFusion -- Friday, 20-Feb-2015 14:24:51

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AN EXPLANATION OF THE FACTIONS