Was you bank hacked? What the banks won't tell you...
It's a lucrative business...and banks seem to be reluctant to report the losses..
"Banks are dramatically under-reporting attacks, they do what's legally required but out of embarrassment or fear of punishment they aren't giving the whole picture"
The Billion Dollar Bank Job: How hackers stole $1B from 100 banks in 30 countries. hackers were able to steal up to $1 billion since 2013.The Carbanak hacking gang were able to steal up to $1B since 2013 from up to 100 institutions across 30 countries
It is being called the "the great bank robbery" and unprecedented in nature but just how did a cyber-crime gang steal more than $1bn (£648, €878m) from more than 100 institutions in 30 countries over a period of two years? It has been revealed that the Carbanak gang (named after the malware it uses), with members in Russia, Ukraine, China and other parts of Europe, has been stealing tens of millions of dollars from banks, e-payment systems and other financial institutions since 2013, and is still active. The gang has targeted up to 100 institutions in 30 countries with each theft taking on average between two and four months to complete.
http://www.ibtimes.co.uk/billion-dollar-bank-job-how-hackers-stole-1bn-100-banks-30-countries-1488148
Anxieties have arisen since thieves stole $81 million from the central bank of Bangladesh by gaining access to an international bank messaging system called Swift. Tens of millions of dollars siphoned from the Federal Reserve Bank of New York. A shadowy set of casinos in the Philippines. A large bank in Bangladesh with creaky technology. An unknown — and perhaps uncatchable — group of anonymous thieves with sophisticated hacking skills.
What unites this curious cast of characters and enabled one of the most brazen digital bank heists ever is a ubiquitous and highly trusted international bank messaging system called Swift.
But last week, for the first time since hackers captured $81 million from Bangladesh’s central bank in February, Swift acknowledged that the thieves have tried to carry out similar heists at other banks on its network by sneaking into the beating heart of the global banking system.
http://www.nytimes.com/2016/05/01/business/dealbook/hackers-81-million-sneak-attack-on-world-banking.html
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