The Bank of Mexico logo is seen on the facade its building in downtown Mexico City, Mexico, June 22, 2017. REUTERS/Edgard Garrido/File Photo
Wired: How Hackers Pulled Off a $20 Million Mexican Bank Heist
In January 2018 a group of hackers, now thought to be working for the North Korean state-sponsored group Lazarus, attempted to steal $110 million from the Mexican commercial bank Bancomext. That effort failed. But just a few months later, a smaller yet still elaborate series of attacks allowed hackers to siphon off 300 to 400 million pesos, or roughly $15 to $20 million from Mexican banks. Here's how they did it.
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WNU Editor: I suspect that stories like this one are just the tip of the iceberg, and that most financial institutions keep stories like this one unreported.
1 comment:
"Thanks to security holes in the targeted bank systems"
A story that has happened over and over again in the past and will continue in the future. No matter how secure a system may appear to be, there will always be holes. Just wait until AI becomes "perfected".
Think about Snowdon's comment regarding password breaking capabilities.
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