Invisible hackers conducted 20 attacks on banks in Russia and the United States
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Invisible hackers conducted 20 attacks[/caption]
The hacker group Money Taker conducted 20 successful attacks on banks and other organizations in Russia, the United States and Great Britain over the past six months.
As experts from Group-IB told, the average damage of one attack in the United States was about 500 thousand dollars. The Russian-language group successfully masked its activities from 2016, using tools to cover up tracks, reports M24.ru.
Money Taker uses public tools, so to establish the involvement of hackers to attack becomes much more difficult, explained the head of the department of cyber intelligence Group-IB Dmitry Volkov. "In addition, incidents occur in different regions of the world: one of the banks they robbed twice, which indicates a lack of qualitative investigation of the first attack," he added. According to the expert, the company was the first to disclose the links between 20 incidents.
Also Today Reuters reported that Hackers stole more than 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank and from accounts in commercial banks, the bank said on Friday, the latest example of an escalation of cyber attacks on financial institutions around the globe.
Central bank official Artyom Sychyov discussed the losses at a briefing, saying that the hackers had attempted to steal about 5 billion rubles. He said the figures were the totals recorded stolen, or the target of attempted theft, in cyber attacks over the course of 2016.
Sychyov was commenting on a central bank report released earlier in the day, that told of hackers breaking into accounts there by faking a client’s credentials. The bank provided few other details in its lengthy report.
Financial regulators around the world have recently urged banks to beef up cyber security in the wake of a string of high-profile heists on banks around the world.
Fears about attacks on banks have mounted since February when unknown cyber criminals stole $81 million in funds that Bangladesh’s central bank had on deposit at the New York Fed. Law enforcement agencies around the globe are hunting for the criminals who stole the money using fraudulent wire-transfer requests sent over the SWIFT bank messaging network.
Separately, Russia said on Friday that it had uncovered a plot by foreign spy agencies to sow chaos in the country’s banking system via a coordinated wave of cyber attacks and fake social media reports about banks going bust.
($1 = 63.8300 rubles)
Invisible hackers conducted 20 attacks[/caption]Invisible hackers conducted 20 attacks
The hacker group Money Taker conducted 20 successful attacks on banks and other organizations in Russia, the United States and Great Britain over the past six months.
As experts from Group-IB told, the average damage of one attack in the United States was about 500 thousand dollars. The Russian-language group successfully masked its activities from 2016, using tools to cover up tracks, reports M24.ru.
Money Taker uses public tools, so to establish the involvement of hackers to attack becomes much more difficult, explained the head of the department of cyber intelligence Group-IB Dmitry Volkov. "In addition, incidents occur in different regions of the world: one of the banks they robbed twice, which indicates a lack of qualitative investigation of the first attack," he added. According to the expert, the company was the first to disclose the links between 20 incidents.
Earlier it was reported that a group of hackers stole from the crypto exchange bitcoins for almost $ 70 million . The trading platform conducts its own investigation of the incident.
Also Today Reuters reported that Hackers stole more than 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank and from accounts in commercial banks, the bank said on Friday, the latest example of an escalation of cyber attacks on financial institutions around the globe.
Central bank official Artyom Sychyov discussed the losses at a briefing, saying that the hackers had attempted to steal about 5 billion rubles. He said the figures were the totals recorded stolen, or the target of attempted theft, in cyber attacks over the course of 2016.
Sychyov was commenting on a central bank report released earlier in the day, that told of hackers breaking into accounts there by faking a client’s credentials. The bank provided few other details in its lengthy report.
Financial regulators around the world have recently urged banks to beef up cyber security in the wake of a string of high-profile heists on banks around the world.
Fears about attacks on banks have mounted since February when unknown cyber criminals stole $81 million in funds that Bangladesh’s central bank had on deposit at the New York Fed. Law enforcement agencies around the globe are hunting for the criminals who stole the money using fraudulent wire-transfer requests sent over the SWIFT bank messaging network.
Separately, Russia said on Friday that it had uncovered a plot by foreign spy agencies to sow chaos in the country’s banking system via a coordinated wave of cyber attacks and fake social media reports about banks going bust.
($1 = 63.8300 rubles)
Reporting by Andrey Ostroukh and Elena Fabrichnaya; writing by Katya Golubkova and Jim Finkle; editing by Vladimir Soldatkin and David Gregorio
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