Hackers Steal $31 Million From Russia's Central Bank
Bank says cybercriminals faked client credentials to break into accounts and attempted to steal 5 billion rubles.
Russia's central bank was robbed of $31 million (more than 2 billion rubles) after hackers broke into accounts at the bank by faking a customer's credentials, Reuters reports. Bank official Artyom Sychyov said the attackers had tried to steal around 5 billion rubles, but failed to obtain that amount.
The cyber theft comes in the wake of allegations by Russia that foreign spies were trying to create turmoil in the nation's financial system via cyberattacks and misleading stories about banks going out of business.
Hackers have recently been responsible for stealing millions of dollars from financial institutions across the globe. In February, $81 million was illegally transferred out of Bangladesh’s central bank at The Federal Reserve Bank of New York.
Read full report on Reuters.
About the Author(s)
You May Also Like
Key Findings from the State of AppSec Report 2024
May 7, 2024Is AI Identifying Threats to Your Network?
May 14, 2024Where and Why Threat Intelligence Makes Sense for Your Enterprise Security Strategy
May 15, 2024Safeguarding Political Campaigns: Defending Against Mass Phishing Attacks
May 16, 2024Why Effective Asset Management is Critical to Enterprise Cybersecurity
May 21, 2024
Black Hat USA - August 3-8 - Learn More
August 3, 2024Cybersecurity's Hottest New Technologies: What You Need To Know
March 21, 2024