A group of cyber-criminals stole as much as $1 billion dollars from over 100 financial institutions over 2 years via a phishing campaign targeting bank employees, according to a report Kaspersky Labs produced with help from law enforcement agencies.
Banks from the United States, Germany, and China were all targeted, but a majority of the victims were Russian-speaking, and the logs for the malicious tools trace the hackers to IP addresses in Ukraine, France, and China.
Here’s how it all worked.
Once a banking employee was successfully phished by clicking on an infected attachment, the hackers gained access to the system and could …read more
Source: The Epoch Times