MNL RUSSIA SEH IT UNDER CYBER ATTACK…BANK LOSES 31M

Russian Central Bank Loses $31 Million in Cyber Attack

Hackers stole more than 2 billion rubles ($31 million) from correspondent accounts at the Russian central bank, the bank said on Friday, the latest example of an escalation of cyber attacks on financial institutions around the globe.

Central bank official Artyom Sychyov discussed the losses at a briefing, saying that the hackers had attempted to steal about 5 billion rubles.

Sychyov was commenting on a central bank report released earlier in the day, that told about hackers breaking into accounts there by faking a client’s credentials. The bank provided few other details in its lengthy report.

Financial regulators around the world have recently urged banks to beef up cyber security in the wake of a string of high-profile heists on banks around the world.

Fears about attacks on banks have mounted since February when unknown cyber criminals stole $81 million in funds that Bangladesh’s central bank had on deposit at the New York Fed. Law enforcement agencies around the globe are hunting for the criminals who stole the money using fraudulent wire-transfer requests sent over the SWIFT bank messaging network.

Separately, Russia said on Friday that it had uncovered a plot by foreign spy agencies to sow chaos in the country’s banking system via a coordinated wave of cyber attacks and fake social media reports about banks going bust.

4 thoughts on “MNL RUSSIA SEH IT UNDER CYBER ATTACK…BANK LOSES 31M

  1. Russia did not interfere with the US elections, please do not believe such crap. NSA CIA WOULD DEFINITELY KNOW, as Trump is telling you Russia is not your enemy, Russia want to work with the USA to fight the real enemies, but certainly individuals don’t want to work with Russia as they have a different ideology which is to make wars which keep them relevant a day destroy countries, where Trump and Russia say that ideology has to stop… Please don’t believe the lies they spread on Russia, Putin is a good man, Jah Bless Him…

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