Hands on computer keyboard

Many cyber-thieves target bank and business networks in a bid to steal data and cash

Related Stories

Up to 100 banks and financial institutions worldwide have been attacked in an "unprecedented cyber robbery", claims a new report.

Computer security firm Kaspersky Lab estimates $1bn (£648m) has been stolen in the attacks, which it says started in 2013 and are still active.

A cybercriminal gang with members from Russia, Ukraine and China is responsible, it said.

Kaspersky said it worked with Interpol and Europol on the investigation.

It said the attacks had taken place in 30 countries including financial firms in Russia, US, Germany, China, Ukraine and Canada.

"These attacks again underline the fact that criminals will exploit any vulnerability in any system," said Sanjay Virmani, director of Interpol's digital crime centre.

Kaspersky said the gang's methods marked a new stage in cyber robbery where "malicious users steal money directly from banks and avoid targeting end users".

The gang, which Kaspersky dubbed Carbanak, used computer viruses to infect company networks with malware including video surveillance, enabling it to see and record everything that happened on staff's screens.

In some cases it was then able to transfer money from the banks' accounts to their own, or even able to tell cash machines to dispense cash at a pre-determined time of day.

Kaspersky said on average each bank robbery took between two and four months, with up to $10m stolen each time.

"It was a very slick and professional cyber robbery," said Kaspersky Lab's principal security researcher, Sergey Golovanov.

The Financial Services Information Sharing and Analysis Center, a body that alerts banks about hacking activity, said 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.

More on This Story

Related Stories

E-mail me when people leave their comments –

You need to be a member of Ashtar Command - Spiritual Community to add comments!

Join Ashtar Command - Spiritual Community

Blog Topics by Tags

  • - (955)

Monthly Archives

Latest Activity

AlternateEarth left a comment on Comment Wall
"The unelected Red Menace is all over the south pacific, too, and islanders are complaining to DC-they send in organized crime to open casinos but then buy off politicians and security-basically muscling in-last time this happened it was the Imperial…"
1 hour ago
Drekx Omega left a comment on Comment Wall
"I'm not normally in favour of the UN, but in this case, they have completed something positive for both British interests, as well as those of the Chagossians...🇮🇴....The treacherous Starmer regime has been ordered by the UN, to back down on that…"
6 hours ago
Drekx Omega commented on Drekx Omega's blog post One Rebel Star Should Fall From The EU Flag's Circular Constellation and Rise Anew With Greater and Brighter Light
"I'm not normally in favour of the UN, but in this case, they have completed something positive for both British interests, as well as those of the Chagossians...🇮🇴....The treacherous Starmer regime has been ordered by the UN, to back down on that…"
6 hours ago
Edward posted a status
Arrest...................
10 hours ago
AlternateEarth left a comment on Comment Wall
"That sounds like a good vid"
20 hours ago
Drekx Omega left a comment on Comment Wall
"I really enjoy Gregg Braden's lectures....and wanted to share this with AC.....He uses logic, reason and intuition, all at once...Something I also seek to cultivate in my own approach to solving ancient mysteries...when I'm not gleaning direct…"
yesterday
AlternateEarth left a comment on Comment Wall
"here's a site AC members may also like
https://unherd.com/"
yesterday
AlternateEarth left a comment on Comment Wall
"There are more Europeans in the Princeton area, it seems, always been because of the university but now I think they're refugees from the rapists and murderers"
yesterday
More…