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…