Tuesday, January 16, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
BlackBerry Jarvis Will Protect Your Connected Car
iPhone Assembler Hon Hai to Get OLEDs from Sharp
Google's Map to Return to China: report
Fake Spectre and Meltdown Patch Pushes Malware
HTC U11 Eyes Comes With Dual front Cameras and Large Battery
IBM Researchers Bring Memory Disaggregation to Data Centers
Fujitsu and The Shinano Mainichi Shimbun Create AI-Based System to Automate Article Summaries
UMC Countersuits Micron
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Hackers...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, December 11, 2017
Hackers Hit ATM Networks In U.S. and Russian Bank Breaches


A hacker group called "MoneyTaker" has condcted more than 20 attacks on banks and financial services companies in the USA, UK and Russia and has silently stole nearly $10 million.

Moscow-based security Group-IB firm said on Monday that the attacks, which began 18 months ago and allow money to be robbed from bank automated teller machines (ATMs), appear to be ongoing and that banks in Latin America could be targeted next.

The first attack occurred in the spring of 2016 against First Data's "STAR" network, the largest U.S. bank transfer messaging system connecting ATMs at more than 5,000 organizations, Group-IB researchers said in a report.

The firm said it was continuing to investigate a number of incidents where hackers studied how to make money transfers through the SWIFT banking system.

SWIFT said in October that hackers were still targeting its interbank messaging system, but security controls had thwarted many of those attempts.

Group-IB has dubbed the hacker group "MoneyTaker" after the name of software it used to hijack payment orders to then cash out funds through a network of low-level "money mules" who were hired to pick up money from automated teller machines.

The security researchers said they had identified 18 banks who were hit including 15 across 10 states in the United States, two in Russia and one in Britain. Beside banks, financial software firms and one law firm were targeted.

The average amount of money stolen in each of 14 U.S. ATM heists was $500,000 per incident. Losses in Russia averaged $1.2 million per incident, but one bank there managed to catch the attack and return some of the stolen funds, Group-IB said.

Group-IB said it had notified Interpol and Europol in order to assist in law enforcement investigations.

According to the report, the hackers used "unique techniques" to enter the networks - a mix of tools and tactics to bypass anti virus and other traditional security software while being careful to eliminate traces of their operations. To disguise their moves, hackers used security certificates from brands such as Bank of America, the Fed, Microsoft and Yahoo.



Previous
Next
Microsoft Releases Preview of Quantum Development Kit, Q Sharp Programming Language        All News        Verizon Signs Five-year NFL Streaming Deal
Microsoft Releases Preview of Quantum Development Kit, Q Sharp Programming Language     General Computing News      Verizon Signs Five-year NFL Streaming Deal

Get RSS feed Easy Print E-Mail this Message

Related News
North Korea Behind attacks on Cryptocurrency Exchanges: report
Free CCleaner Software Compromised to Open Back-door to Million of PCs
Millions Time Warner Cable Records Exposed, Instagram Security Bug Fixed
HBO Offered $250,000 to Hackers
Hackers Attacked U.K. Parliament
WikiLeaks Says 'Athena' CIA Spying Program Targets All Versions of Windows
Hackers Demonstrate VM Escapes In Pwn2Own 2017 Hacking Contest
U.S.Navy Disclosed Security Breach In Its Systems
Hackers Probed Voting Systems, U.S. Says
Hackers Accesssed Customer Credit Card Data From Acer Store
Mark Zuckerberg's Social Media Accounts Were Hacked
Hackers Steal, Sell Verizon Enterprise Customer Data

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .