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banks in 30 countries hacked n lost billion bugs must b SG

Huat A Fuck!

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http://www.dailystar.co.uk/tech/425818/Kaspersky-Labs-1billion-bank-robbery

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$1bn hack heist: Kaspersky Lab exposes massive bank attack, describes scheme to RT
Published time: February 16, 2015 08:03
Edited time: February 16, 2015 15:19
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Reuters / Neil Hall

Reuters / Neil Hall

Tags
Banking, Crime, Finance, Hacking, Russia, Security

The hacker network behind an unprecedented $1 billion attack on banks took control of financial systems by first sending out emails with malware Word files, RT found out from an expert at the Russian cybersecurity firm which revealed the crime.

While the majority of around 100 robbed banks are in Russia, financial institutions were also targeted in Japan, the Netherlands, Switzerland and the US.

The already-confirmed cases of hacking have cost banks some $300 million, according to Kaspersky Lab.

Read moreHackers steal ‘$300 million in 100 banks’ in massive heist

“The overall damage could be near $1 billion,” Kapersky Lab expert Sergey Lozhkin told RT over the phone. “Each of the [attacked] organizations could have lost an estimated $10 million.”

Among various means of getting into banks’ systems, perpetrators used fake emails from genuine financial institutions, including the Central Bank, with Microsoft Word attachments.

“If a victim who received the letter, a bank employee, had old software, then the system’s vulnerability allowed for the malware to infect the computer,” Lozhkin said.

After that, a number of sophisticated means would let the hackers first learn how that particular employee was working with the bank’s internal programs, than move from one computer to another and eventually gain full access to the bank’s entire system.

“They were then remotely making the banks transfer money to ATMs, so that certain people could then come up to those ATMs and pick the money. Someone was waiting by an ATM for the money to be spitted out [sic],” Lozhkin said.

Something went wrong with the scheme in Ukraine. No one would come for the cash that was suddenly coming out of an ATM. That was exactly when Kaspersky Lab was invited to look into the matter. That little clue eventually gave away the whole of the attack, which was first reported by the New York Times.

READ MORE: ‘Many major states lack the expertise to prevent cyber-terror’ – security chief

The names of the banks affected have not been disclosed. Lozhkin believes they are largely to blame for what happened.

“When it comes to cyber-infrastructure, then even the largest banks are not always careful enough to merely update the software their employees use,” he said. “Sometimes they just forget about it or don’t think [its] important and so the malware can use the system’s vulnerability to penetrate it. That’s the way we see it.”

Kaspersky Lab is continuing its investigation of the attack.
(51)
Comments
[Elizabeth Fernandez]
Elizabeth Fernandez 32 minutes ago
Theon Lyreal IV
Take your meds, Liz.
I used to share them with David de Rothschild 2010 - 2013. How about you?At least I know his plan for the Goyim. It's Eli jerk off ! Plastiki ring a bell?
Reply Context
[Theon Lyreal IV]
Theon Lyreal IV 1 hour ago
The author of this article knows little about bankers. I've worked inside all the big banks. The hackers and the bankers are very likely one and the same. The non-functional or weak computer systems are intended to be that way in order to enable inside jobs.
Reply
[Theon Lyreal IV]
Theon Lyreal IV 1 hour ago
Elizabeth Fernandez
Rothschild Scam computer science degree ! Shut up Mystic Eli, I regret not giving you a job in 2012. Stopmore...
Take your meds, Liz.
Reply Context
[Theon Lyreal IV]
Theon Lyreal IV 1 hour ago
The largest theft ever took place on 9/11/2001. $64 billion disappeared from British pension funds alone.
Reply
[Deez Nutts]
Deez Nutts 2 hours ago
the BEST way to keep your money and info safe - go analog. Yep, I said it. You can't hack a shoe box and EVERYONE takes cash
Reply
[Elizabeth Fernandez]
Elizabeth Fernandez 3 hours ago
Rothschild Scam computer science degree ! Shut up Mystic Eli, I regret not giving you a job in 2012. Stop telling the world ! Sorry David I am telepathic. Boo Hoo.I too can be an alien brained lizard got the Prehistoric DNA to show too. EU Bank bailouts rebels wars you are really some matter from a colon ?The rebels Right Sector collect send it to Israel by freight. You insult Hebrews. you need to be brainwashed with love amd light.
Reply
-1
[Jean de Peyrelongue]
Jean de Peyrelongue 3 hours ago
Rafael
ATMs have video recording of who is taking the money out.
In France you are limited on the amount of money you can draw on ATM: for me, the maximum is 300 € per week, for my daughter the limit is 100€. So we have limits on the amount that can be stolen on a given account.
Anyway banks receiving stolen money should be treated as an accomplice of the robber!
Reply Context
[Apulee]
Apulee 3 hours ago
Warand Peace
...seems like RT servers are under attack as well. It is almost impossible to connect to the RT website.
Probably, I can't see the schedule, it does not drop down as usual.
Reply Context
[Apulee]
Apulee 3 hours ago
Soon we will find out who are the attackers.
In the Sony case it was uncovered really fast Why don' t we call on them to help uncover the criminals.
Don't tell me NK is going to be blamed for this also?
Reply
[will]
will 4 hours ago
Give everyone a few million...they are entitled too when born(their lifes worth)...countries borrow money based on your/everyones lifes value )....then there would be no reason to steal. We have to create not 'equality of opportunity' for everyone rather, 'equality of condition' ...this would level the playing field for all.
Reply
[Warand Peace]
Warand Peace 4 hours ago
...seems like RT servers are under attack as well. It is almost impossible to connect to the RT website.
Reply
3
[VooDoo6Actual]
VooDoo6Actual 4 hours ago
The plan to create such a economic crisis to justify the Digital Currency plan. Black Swan events making sense ?
Reply
[Rafael]
Rafael 4 hours ago
Jean de Peyrelongue
I don't understand. If someone is stealing some money from one bank, it has to be transferred to another bankmore...
Read the article. At random times ATMs would give out cash to acomplices.
Reply Context
[Rafael]
Rafael 4 hours ago
Martin Bauer
If these criminal hackers decide to empty our bank accounts in our name on any ATM than there will bemore...
ATMs have video recording of who is taking the money out.
Reply Context
1
[Robin Morritt]
Robin Morritt 5 hours ago
I worked in a small IT department for seven years and they were far more interested in playing with the latest systems than doing the basics properly, such as making sure the software updates were installed, as mentioned in the article.

I got so cheesed off with the attitude I left.
Reply
2
[SuShiJelly]
SuShiJelly 6 hours ago
Sadhaka Padma
haha bitcoin most secure banking
it can be hacked 2
Reply Context
2
[SuShiJelly]
SuShiJelly 6 hours ago
the atm spit out money, that is a heck of ah hack...inside job inside job inside job
Reply
[mark robertson]
mark robertson 6 hours ago
Sensa Peace
Well, they could not until the account holders would report that their balances did not match with the banks statement.
Andmore...
AHA, I may hold your wallet but it is up to you to make sure the money doesn't get stolen
Reply Context
[john cenator]
john cenator 6 hours ago
Jean de Peyrelongue
I don't understand. If someone is stealing some money from one bank, it has to be transferred to another bankmore...
Quite wrong, hackers aren't stupid, the money can also be transferred to anonymous accounts, not affecting the other banks, this was all done in secret and was only noticed once banks noticed irregularities in their computer systems. I'm doubling my bets they will even give up trying to recover the money even if they do catch someone.
Reply Context
1
[Jean de Peyrelongue]
Jean de Peyrelongue 7 hours ago
I don't understand. If someone is stealing some money from one bank, it has to be transferred to another bank and why is it so difficult to identify the other bank and the account and cancel the operation and jail the owner of the account. It is all electronic money it is not real money so it cannot be done without the complicity of some other banks receiving the money.
I agree that people can put the mess in banks but I do not agree that it cannot be corrected and hackers jailed
Reply
More 31
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Cash machines spew out money in $1billion bank raid

Cyber thieves steal 'unprecedented’ sums of cash in most advanced raid of its kind.
By Dave Snelling / Published 16th February 2015


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Cyber thieves have stolen $1billion from banks across the world
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ATTACK: Cyber thieves have stolen $1billion from banks across the world [GETTY ]

A report out today from cyber security firm, Kaspersky Labs, estimates that $1billion (£650million) has been stolen by hi-tech cyber gangs.

The hackers, dubbed Carbanak, are thought to have been operating from Russia, Ukraine and China with the first attacks starting in 2013.

Using a range of advanced digital weapons the online crooks have hit banks in Russia, US, China, Germany, Ukraine and Canada.

It appears the gangs were able to take control of systems by attacking emails.

Once a staff member had opened the infected mail the hackers were able to take over systems, including security cameras and cash machines.

“The goal was to mimic bank staff activities”
Sergey Golovanov,

Kaspersky’s investigators said, the thieves installed a “RAT”— remote access tool — that could capture video and screenshots of the employees’ computers.

“The goal was to mimic their activities,” said Sergey Golovanov, who conducted the inquiry for Kaspersky Lab.

“That way, everything would look like a normal, everyday transaction,” he said in an interview with the New York Times.

With the hackers taking control of cash machines they could dispense money at an exact time and date, allowing thousands to be stolen every day.

Kaspersky Labs think attacks took months to complete with an average of £10m taken each time.

The Financial Services Information Sharing and Analysis Center, a body that alerts banks about hacking activity, has confirmed that its members had received a briefing about Kaspersky's report in January.

"We cannot comment on individual actions our members have taken, but on balance we believe our members are taking appropriate actions to prevent and detect these kinds of attacks and minimise any effects on their customers,'' it said in a statement.

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BarryS
Incredible. I can't believe this has happened
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