27 June 2012

Cyber criminals may have siphoned off 2 bn euros from 60 banks


Cyber criminals may have attempted to siphon off anywhere between 60 million euros and 2 billion euros in fraudulent transfers from at least 60 banks globally, a McAfee and Guardian Analytics study said.
The study highlighted a highly sophisticated, multi-tiered, global financial fraud ring that is comprised of at least a dozen groups use active and passive automated transfer systems to steal high value amounts from high balance accounts............


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