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tyres

Hackers Steal £650 Million In World's Biggest Bank Raid

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British banks are thought to have lost tens of millions of pounds after a gang of Russian based hackers spent the last two years orchestrating the largest cybercrime ever uncovered.

As much as £650 million is thought to have gone missing after the gang used computer viruses to infect networks in more than 100 financial institutions worldwide.

The hackers managed to infiltrate the bank’s internal computer systems using malware, which lurked in the networks for months, gathering information and feeding it back to the gang.

The illegal software was so sophisticated that it allowed the criminals to view video feeds from within supposedly secure offices as they gathered the data they needed to steal

A spokesman for Kaspersky Lab said: “The plot marks the beginning of a new stage in the evolution of cybercriminal activity, where malicious users steal money directly from banks, and avoid targeting end users.”

more here...

Edited by tyres

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The worlds biggest bank raid...that's debatable. How much have the banks/government stolen from savers with the QE policy ?

It's only £650m, the central bankers have printed billions in fake currency. This is hardly worth a mention.

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The bit about watching video feeds reminds me of the 'never tell a too accurate lie' rule.

It sounds like ********.

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British banks are thought to have lost tens of millions of pounds after a gang of Russian based hackers spent the last two years orchestrating the largest cybercrime ever uncovered.

Quite funny given that the bankers themselves have managed to lose billions while paying themselves lavishly in the process. The real thieves are the people running the banks.

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Taxpayers should definitely pay more to reduce these risks to business and commerce because the costs are potentially so high. Public-private partnerships would be best so we can pay twice, once via revenue and again when using a private sector service.

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I suspect the problem is far bigger than this. They've discovered possibly one team, and there will be dozens, if not hundreds or thousands attempting the same.

The ridiculous thing is how on earth the malware got through email filtering systems etc.

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I suspect the problem is far bigger than this. They've discovered possibly one team, and there will be dozens, if not hundreds or thousands attempting the same.

The ridiculous thing is how on earth the malware got through email filtering systems etc.

Thanks to the NSA, It's likely that the malware was there to begin with, embedded deep within the hardware, the hackers just made use of this...

Russian researchers expose embedded spying software in computer hard drives

A new report from Kaspersky Lab has found a suite of surveillance platforms that can hide spying software embedded deep within hard drives made by leading manufacturers. The attackers, dubbed Equation Group are the most advanced that the researchers have encountered to date.

Kaspersky said it found personal computers in at least 30 different countries holding this spy software within it. What’s more concerning is that these systems and hard drives were out in the public and didn’t have any direct ties to government officials.

Countries hit the most by Equation include Iran, followed by Russia, Pakistan, Afghanistan, India, China, Mali, Syria, Yemen and Algeria. Targets in those countries included the military and government institutions, embassies, research institutions, telecommunication companies, banks, energy companies, nuclear researchers, media, and Islamic scholars, Kaspersky said.

Though researchers didn’t publicly name the country behind the spying campaign, there’s a good bit of circumstantial evidence that points to the NSA. It was closely linked to Stuxnet, the NSA-led cyberweapon that was used to attack Iran’s uranium enrichment facility which means that the spyware is being placed by the Government of the United States of America.

“There are solid links indicating that the Equation group has interacted with other powerful groups, such as the Stuxnet and Flame operators–generally from a position of superiority. The Equation group had access to zero-days before they were used by Stuxnet and Flame, and at some point they shared exploits with others,” the Kaspersky report says.

Kaspersky’s most striking finding is Equation’s ability to infect the firmware of a hard drive providing a level of persistence that helps to survive disk formatting and OS reinstallation. The spyware reprograms the hard drive’s firmware thereby creating hidden sectors on the drive that can only be accessed via a secret API (application programming interface). Kaspersky notes that the malware is impossible to remove once it is installed.

In most hard drives there are functions to write into the hardware firmware area, but there are no features to read it back which makes it difficult to detect hard drives that have been infected by this malware, director of the Global Research and Analysis Team at Kaspersky Costin Raiu said.

Kaspersky claims that the attackers used other methods to infect targets when hard drives were not affected. It is claimed that the group intercepted physical goods and replaced them with Trojanized versions. In another instance participants of a scientific conference were delivered conference materials on a CD-ROM which was later used to install the group’s DoubleFantasy implant into the target’s machine.

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I hope they didn`t get my £230.47 pence from Barclays.! Im concerned.... Also how would they carry all that money..it must leave deep tyre marks

reminds me of this

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