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

Sirian Starlight left a comment on Music for your soul.
1 hour ago
Drekx Omega left a comment on Comment Wall
"There is no religion higher than truth...!!
https://www.theosophical.org/publications/quest-magazine/the-seal-o..."
1 hour ago
Sirian Starlight posted a discussion
We're already seeing this redirection Take Place as the new "official source on extraterrestrials" by the U.S. Government has Resulted in what amounts to be, a play on words...and a dirty implementation of one at that. The Trump Administration not…
2 hours ago
Justin89636 left a comment on Music for your soul.
5 hours ago
Justin89636 left a comment on Music for your soul.
5 hours ago
Justin89636 left a comment on Music for your soul.
"Since I haven't posted any music in a while. My God! this jam is amazing. https://youtu.be/fML9tFljFHc?si=yvcuG9JizFqJNyDd"
5 hours ago
Justin89636 left a comment on Comment Wall
"Speaking of Ma'at. Heres some good info on her. https://en.wikipedia.org/wiki/Maat"
6 hours ago
Movella left a comment on Comment Wall
6 hours ago
More…