Collaborate Disseminate
Russian authorities have arrested a gang of 50 hackers suspected of stealing more than 1.7 Billion Rubles (over US$25 Million) from banks and other financial institutions in the country since 2011.
The same criminal gang had tried to steal a further 2… Continue reading Russia arrests 50 hackers who stole $25 million from Banks
In an era where major data hacks are on the rise, it is no surprise breaches on individuals are also up.
In just three hours, over 100 criminals managed to steal ¥1.4 Billion (approx. US$12.7 Million) from around 1,400 ATMs placed in small convenience stores across Japan.
The heist took place on May 15, between 5:00 am and 8:00 am, and looked like a coordinated attack by an international
Continue reading Fraudsters Stole ¥1.4 Billion from 1,400 Japanese ATMs in Just 3 Hours
Bangladesh is not the only bank that had become victim to the cyber heist. In fact, it appears to be just a part of the widespread cyber attack on global banking and financial sector by hackers who target the backbone of the world financial system, SWI… Continue reading Ecuador Bank Hacked — $12 Million Stolen in 3rd Attack on SWIFT System
Meet this Robin Hood Hacker:
Phineas Fisher, who breached Hacking Team last year, revealed on Reddit Wednesday that he hacked a bank and donated the money to Kurdish anti-capitalists in Rojava autonomous region in northern Syria that borders territory… Continue reading Hacker Steals Money from Bank and Donates $11,000 to Anti-ISIS Group
SWIFT, the global Society for Worldwide Interbank Financial Telecommunications, warned on Thursday of a second malware attack similar to the Bangladesh central bank hack one that led to $81 million cyber heist.
In February, $81 Million cyberheist at the Bangladesh central bank was carried out by hacking into SWIFT, the global financial messaging system that thousands of banks and companies
Continue reading Second Bank hit by Malware attack similar to $81 Million Bangladesh Heist
A Russian man who spent about 3 years behind bars in the United States has been spared further prison time but ordered to pay $7 Million to cover damages he caused to banks using a vicious computer virus.
Nikita Vladimirovich Kuzmin was arrested in 20… Continue reading Russian Hacker Who Stole From Banks Ordered to Pay $7 Million
In Brief
Investigators from British defense contractor BAE Systems discovered that hackers who stole $81 million from the Bangladesh Central Bank actually hacked into software from SWIFT financial platform, a key part of the global financial system.
T… Continue reading How Did Hackers Who Stole $81 Million from Bangladesh Bank Go Undetected?
In Brief
Investigators from the Forensic Training Institute of the Bangladesh investigated the $80 Million bank heist and discovered that the hackers managed to gain access to the network because the Bank was using second-hand $10 network switches without a Firewall to run its network.
When it was reported last month that an unknown hacking group attempted to steal $1 Billion from
Continue reading Bank with No Firewall. That’s How Hackers Managed to Steal $80 Million
Tanvir Hassan Zoha, a 34-year-old security researcher, who spoke to media on the $81 Million Bangladesh Bank cyber theft, has gone missing since Wednesday night, just days after accusing Bangladesh’s central bank officials of negligence.
Zoha was in… Continue reading Security Researcher Goes Missing, Who Investigated Bangladesh Bank Hack
The recent cyber attack on Bangladesh’s central bank that let hackers stole over $80 Million from the institutes’ Federal Reserve bank account was reportedly caused due to the Malware installed on the Bank’s computer systems.
Few days ago, reports e… Continue reading Here’s How Hackers Stole $80 Million from Bangladesh Bank