Thursday 19 February 2015

What Bankers Need to Know About the $1B Carbanak Heist


From American Banker –

“Bankers should act quickly to ensure they are not vulnerable to the same kinds of attacks that allowed a gang called Carbanak to steal $1 billion from financial institutions around the world.

The hack, which was revealed this week by Kaspersky Lab, relied on relatively unsophisticated forms of intrusion like fake e-mails, but also reflected an exceptional degree of patience and intelligence-gathering. Hackers lurked in bank networks for long periods of time — in some cases since 2013 — and secretly recorded bank employees to learn how they work and mimic their behavior.”

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