Wednesday, February 18, 2015

How to Fight the Next $1 Billion Bank Hack

Good news! A major hack you don’t have to worry about! Unless, that is, you happen to be an executive or security employee at one of the hundreds of banks targeted by the group that’s come to be known as Carbanak or Anunak. If you are, then you have a problem, because these hackers, and no doubt others to come, aren’t targeting banking consumers but the very internals of banks, silently monitoring their systems and subtly defrauding them. Unlike most cybercrime, this wasn't a holdup, but a bank heist—the kind that could ultimately affect both consumers and governments. And that’s why we should all be paying attention.