Cyberattacks Prove That No One Is Safe

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Cyberattacks Prove That No One Is Safe

December 27, 2017 Tech Tips for Business Owners 0

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Cyberattacks Prove That No One Is Safe
by Jeff Yastine | December 26, 2017

The hackers studied their cyberattack target for months — the central bank of Bangladesh.

First, they used their cyberskills to steal the institution’s top-secret international money transfer code.

Now they could request large wires of bank funds — electronic transmissions of money across international lines — and never draw suspicion. After that, they sent out four transfer requests, using fake names of charitable organizations.

In the early weeks of 2016, they successfully stole more than $80 million! more…

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