Hackers attacking banks

These  hackers usually struck late on Friday & it’s giving European & US banks a really hard time. The worst is though these attacks are  2 prongs. The first is just a  smokescreens. As the staff is busy fighting the attack, hackers struck again, exploiting the openings to steal account information and create counterfeit debit cards. 

It’s like when you are focusing dealing with someone at the  front door, his buddy enters from the back & robs you! 

 

One attack was so fast that, within two hours, US$9 million was withdrawn from the ATMs  in 46 cities, according to Francis deSouza, president of products and services for Symantec, the Mountain View-based information security company that investigated the incidents. 

Symantec's findings show that the attacks, are not new, but have evolved from nuisances causing temporary disturbance to website  into one of the cheapest and most effective ways to rob banks. 

Millions of dollars were stolen in the past year in two-pronged attacks that banks did not notice until customers complained or investigators later uncovered the breaches, said Samir Kapuria, a Symantec vice-president who led the research. 

While some European & US banks have acknowledged that the attacks have damaged their websites, Symantec's research shows that hackers have reached deeper than institutions have been willing to acknowledge. It is still not clear what losses these banks and their customers have lost in these attacks. 

So my advise, double check your bank statements every month. Why I said that, my parents admitted to me, they NEVER check their statements as to them Spore banks will never be wrong! Oh boy, you never know right? I trust the banks but those hackers are really good!!!!