Notorious Hackers Steal $10m from 18 U.S and Russian Banks - Naijaray
Connect with us

Technology

Notorious Hackers Steal $10m from 18 U.S and Russian Banks

Previously undetected group of Russian-language hackers silently stole nearly 10 million dollars from at least 18 mostly United States and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said.

Group-IB warned that the attacks, which began 18 months ago and allowed money to be stolen from banks’ Automated Teller Machines (ATMs), appeared to be ongoing and that banks in Latin America could be targeted next.

The first attack occurred in the spring of 2016 against banks in First Data’s (FDC.N) “STAR” network, the largest U.S. bank messaging system connecting ATMs at more than 5,000 organisations, Group-IB researchers said in a 36-page report.

First Data said in a statement that a number of small financial institutions operating on STAR network had had their credentials breached for administering debit cards earlier in 2016, leading it to implement new mandatory security controls.

The firm said the STAR network was never itself breached.

It said it was investigating some incidents where hackers studied how to make money transfers through the SWIFT banking system, while stopping short of saying whether any such attacks had been carried out successfully.

SWIFT said in October that hackers were still targeting its interbank messaging system, but security controls instituted after last year’s 81 million dollars heist at Bangladesh’s Central Bank had thwarted many of those attempts.

Group-IB has dubbed the hacker group “MoneyTaker” after the name of the software it used to hijack payment orders to then cash out funds through a network of low-level “money mules.”

The Moscow-based security firm said the hacker group hired “money mules” to pick up money from automated teller machines.

The security researchers said they had identified 18 banks which were hit, including 15 across 10 states in the United States, two in Russia and one in Britain.

“Besides banks, financial software firms and one law firm were targeted.

“The average amount of money stolen in each of the 14 U.S. ATM heists was 500,000 dollars per incident. Losses in Russia averaged 1.2 million dollars per incident.

“However, one bank there managed to catch the attack and return some of the stolen funds,” Group-IB said.

It said hackers also stole documentation for Ocean Systems’ Fed Link transfer system used by 200 banks in Latin America and the United States.

It said in addition, they successfully attacked the Russian interbank messaging system known as AW CRB.

Once hackers penetrated targeted banks and financial organisations, they stole internal bank documentation in order to mount future ATM attacks, Group-IB said.

In Russia, the hackers continued to spy on bank networks after break-ins, while at least one U.S. bank had documents robbed twice, it said.

Group-IB said it had notified Interpol and Europol in order to assist in law enforcement investigations.

The unidentified hackers used a mix of constantly changing tools and tactics to bypass anti-virus and other traditional security software while being careful to eliminate traces of their operations, helping them to go largely unnoticed.

To disguise their moves, hackers used security certificates from brands such as Bank of America, the Fed, Microsoft and Yahoo, it said.

-NAN

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.

Technology

Welcome to the big Screens! Apple launches iPhone Xs and iPhone Xs Max in Nigeria

Apple, the world’s leading smartphone maker, on Friday, launched iPhone Xs and iPhone Xs Max in Nigeria at the Villa Medici, Victoria Island, Lagos.

Popularly referred to as ‘The Big Screens’, the iPhone Xs and Xs Max are Apple’s most recent products right after the iPhone X and iPhone 8 plus. It is a worthy upgrade to the iPhone X with a handful of remarkable improvements.

Sivadoss Vijayakumar, Regional Head, West Africa Operations, Redington, spoke on the need for continued innovation and unique additions in creating devices that cater to the demands of users through applicative and emotive value.

“It has been a commendable journey for Apple in Nigeria and last year, iPhone X was a game changer for us all. Year by year, Redington is going strong and is continually committed to making this relationship stronger with your continuous support and trust,” he said.

This year marks the largest displays ever included on iPhones, with the iPhone Xs and Xs Max each featuring 5.8-inch and 6.5-inch Super Retina displays with custom-built OLED panels that provide the industry’s best colour accuracy, true blacks, and remarkable brightness. The devices also offer True Tone technology, which uses an ambient light sensor to adjust the white balance of the display to match the ambient lighting in any room.

The iPhone Xs and Xs Max come with unrivalled technology as Apple looks to further cement its place as the leader in mobile device manufacturing.

See below the iPhone Xs key specs and features;

• 5.8-inch Super Retina display (OLED) with HDR

• IP68 dust and water resistant (maximum depth of 2 meters up to 30 minutes)

• 12MP dual cameras with dual OIS and 7MP TrueDepth front camera—Portrait mode,

Portrait Lighting, Depth Control, and Smart HDR

• Face ID for secure authentication

• A12 Bionic with next-generation Neural Engine

• Wireless charging—works with Qi chargers

• iOS 12 with Memoji, Screen Time, and Group FaceTime

iPhone Xs Max key specs and features;

• 6.5-inch Super Retina display (OLED) with HDR

• IP68 dust and water resistant (maximum depth of 2 meters up to 30 minutes)

• 12MP dual cameras with dual OIS and 7MP TrueDepth front camera—Portrait mode, Portrait Lighting, Depth Control, and Smart HDR

• Face ID for secure authentication

• A12 Bionic with next-generation Neural Engine

• Wireless charging—works with Qi chargers

• iOS 12 with Memoji, Screen Time, and Group FaceTime

Continue Reading

Technology

How To Get Glo 5.2GB For N100 and 10.4GB For N200

Hello guys, I bring to you another cheap browsing cheat on Glo Nigeria. I won’t call this free browsing cheat, as we are paying little for more value.

How about getting a whopping 5.2GB for N100 and 10.4GB for N200 on Glo network? Interesting right? Recall, we once posted Airtel cheap data cheat by porting lines, which gives 2GB for N100 and 10GB for N500. That same steps is quite similar to this.

Before posting this, it has been tested and confirmed by NAIJARAY. In this post, we will reveal the full steps to enjoy this cheap Glo data trick.

How To Get Glo 5.2GB For N100 and 10.4GB For N200
Note that this latest trick may select Sim.
First of all, you need to migrate to Glo Jollification package by dialling *603# and a whopping bonus of 10.4GB will smile at you on every recharge of N200 via your Bank or recharge through OneCard (N200 PIN) while 5.2GB will also smile at you on every recharge of N100 via bank or recharge through OneCard (N100 PIN).

How To Check Data Balance

Dial #122# to check your data balance.

Continue Reading

Technology

HOW TO GET 1.2GB FROM MTN WITH #150 For A Month

Good day everyone Naijaray.com bring to you another trick blazing hot for now.
Getting cheapest data subscription is rare at the era of Buhari.
Naijaray.com bring to you how to get MTN 1.2gb for #150 only lasting for one month.

First step 👇
Migrate to MTN ipulse…
How To migrate?
Send 406 to 131 or dial * 406*1# and migrate to MTN Pulse tariff plan. As soon as you migrate into the MTN Pulse tariff plan, minutes spent on calls will be accumulated. At this point, your calls to all National numbers will be charged at 25k/sec.

2nd step  👇
Dial MTN Users
* 344*2# and

THIRD STEP  👇
Follow instructions by clicking on option 1(buy data) then subscribe for 1.2gb for 150/month..

NOTE:-It only works Perfectly on MTN PULSE TARRIFF PLAN

Continue Reading

Trending