You are here

Hackers steal US$300m from 100 banks

Malware turned on cash machines, transferred millions of dollars from banks in Russia, Japan, Switzerland, US and the Netherlands into dummy accounts set up elsewhere

Employees at the headquarters of cyber-security firm Kaspersky Lab in Moscow; Kaspersky says that the scope of this attack on more than 100 financial institutions in 30 nations could make it one of the largest bank thefts ever.

Palo Alto

IN late 2013, an automated teller machine (ATM) in Kiev started dispensing cash at seemingly random times of day. No one had put in a card, or touched a button. Cameras showed that the piles of money had been swept up by customers who appeared lucky to be there at the right...

Market voices on: