Cyber Heists

Latest News for: Cyber heists

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Taiwan at Interpol leads to a safer world (2)

Journal Online 14 Nov 2018

... million) in illicit funds; interception of over US$60 million in stolen funds following a cyber attack on a local bank; and solving a US$2.2-million ATM heist in the country perpetrated by 22 foreign nationals in July 2016, which gained the interest of European countries....

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The state of cyber security

Dawn 12 Nov 2018

THERE was a cyber attack on BankIslami last week that cost them Rs2.6 million ... And this is exactly what a cyber security expert Dawn spoke to said ... A very good example of APT would be the cyber heist at Bangladesh Central Bank in 2016 that attempted to transfer $1 billion to the New York Federal Reserve and was successful in stealing $81m....

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Hillicon Valley: DNC tech chief finds no midterm hacks | Google ends forced arbitration for ...

The Hill 09 Nov 2018

Welcome! Follow the cyber team, ... A North Korean-linked hacking group increasingly is carrying out financially motivated attacks, suggesting that cyber heists are now one of its main activities in cyberspace, according to a new Symantec report ... to prevent cyber economic espionage....

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SBP tasks banks to ensure safety after cyber heist

The News International 30 Oct 2018

A banker told The News that the central bank convened an emergent meeting with the banks’ chief technology officers and heads to discuss cyber attack at BankIslami. “The SBP asked all the financial institutions to be extra careful against the cyber crime,” the banker said, requesting anonymity....

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Mumbai: Rs 143 crore swiped off State Bank of Mauritius branch in cyber fraud

India TV 12 Oct 2018

The cyber heist happened at SBM's Nariman Point branch.� ... State actors likely behind cyber heist, says security officials. India's second biggest cooperative bank cyber-attacked twice in 3 days; Rs 94.42 crore siphoned off by hackers....

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North Korean hacking group blamed for attempted cyber heists totalling US$1.1 billion

South China Morning Post 08 Oct 2018

A North Korean hacking group focused on financial gain for the rogue state has penetrated banks around the world with a series of ongoing attacks, and has tried to steal at least US$1.1 billion over the last four years, according to a new tally by cybersecurity firm FireEye Inc ... The hackers have got past heavily defended servers at banks... ....

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Elite North Korean superhackers outed as global bank attackers

Business Day 04 Oct 2018

FireEye researchers said APT38 is one of several hacking cells within an umbrella group known as "Lazarus", but with unique skills and tools that have helped it carry out some of the world’s largest cyber heists....

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N. Korea ‘stole fortune in online bank heists’

The Japan News 04 Oct 2018

Last month, the Justice Department charged a North Korean hacker said to have conspired in devastating cyber-attacks, including an $81 million heist of Bangladesh’s central bank and the WannaCry virus that crippled parts of Britain’s National Health Service....

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North Korean hackers tied to massive global theft

Democratic Underground 03 Oct 2018

By DAVID COHEN 10/03/2018 08.00 AM EDT ... The group dubbed APT38 by the company FireEye is also believed to have had a hand in the largest cyber heist in history, the 2016 Bangladesh Bank theft of $81 million ... Read more ... ....

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Japanese Crypto Exchanges Will Use Cold Wallets to Protect Customer Assets

Colorado Springs Business Journal 02 Oct 2018

To prevent cyber intrusions from occurring, many cryptocurrency exchanges, now prefer to keep large portions of the customer funds offline, in cold storage wallet s ... It has also been the victim of two of the biggest cyber heists in the digital asset world – Mt....

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Japan digital currency exchange hacked, losing $60 million

Federal News Radio 20 Sep 2018

TOKYO (AP) — Hackers have stolen 6.7 billion yen ($60 million) worth of cryptocurrencies from a Japanese digital currency exchange, the operators said Thursday ... Technology experts explore enabling IT modernization through network and cyber improvements in this free webinar ... But the recurrence of cryptocurrency heists shows problems persist ... ___ ... ....

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Wall Street Breakfast: Sky Takeover Settled By Rare Auction

Seeking Alpha 20 Sep 2018

The incident follows the high-profile theft of $530M earlier this year at Tokyo-based Coincheck - one of the world's biggest cyber heists that forced regulators to step up risk management protocols. Biggest risks to the financial system? "I think the biggest vulnerability is cyber......

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Accused In Cosmos Case Involved In Union Bank Cyber Scam: Pune Police

NDTV 19 Sep 2018

Four of the seven persons arrested in the Cosmos Bank cyber scam were also allegedly involved in the online heist at Chennai-based City Union Bank last year, Pune police claimed Tuesday ... ....