Organized Russian and Ukrainian fraudsters are now targeting Canadian financial institutions with malware that was previously reported to be attacking only Russian banks, according to a new report by the cyber-security firm Kaspersky Lab.
The Kaspersky report provides new details about a malicious software package it dubbed Carbanak, saying it is now affecting financial institutions in 30 countries and it could generate cumulative losses of up to $1-billion (U.S.).
Unlike previous fraud schemes, which targeted bank clients, Carbanak-Anunak directly attacks the internal computer systems of the institutions.
After spying on bank employees, even activating video recordings of their activities, the malware is able to trigger fraudulent transactions, siphoning off money through illicit transfers or ordering bank machines to dispense money at predetermined times to an accomplice.
I'm getting lots of emails about this today. The financial services industry is starting to freak out.
Should have left his stapler alone.
Nothing is safe in the Internet, this is why I think Bitcoin will never prevail
It's amazing to me that they have infiltrated the banks to do things like have an ATM spit out all it's money at a specific time.
PatriarchyManifest - Should have left his stapler alone.Lol VU
sparkyman - I'm getting lots of emails about this today. The financial services industry is starting to freak out.
"Hey, we're the only thieves around here! wtf!!"
sparkyman - It's amazing to me that they have infiltrated the banks to do things like have an ATM spit out all it's money at a specific time.Its truly remarkable. I wish i had taken up hacking as a kid.