Tag: Banking
Bank firewalls cracked by cyberhackers
Underground hackers have learned how to drain money from corporate bank accounts
For more than a decade the common currency among cybercriminals has been pilfered credit card numbers, but some underground hackers have learned how to drain money directly from corporate bank accounts. There has been a big rise in such frauds, raising the stakes in the war between financial institutions and criminals and costing some bank clients half a million dollars – or more.