Security News > 2017 > October > Inventive cyber gang steals millions from East European banks

Trustwave researchers have uncovered a series of ingenious bank heists that cost several Eastern European and Russian banks up to $10 millions each, and they believe financial institutions in European, North American, Asian and Australian regions could be targeted with the same within the next year. The attackers’ modus operandi The attackers first recruited mules, equipped them with counterfeit documents, and sent them to open dozens of new bank accounts by physically visiting various branches … More →

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