Originally Posted by
John Morton
Well Glenn, more than one company has woken up to a very bad day now and again, thanks to the Internet:
"NEW YORK/BOSTON (Reuters) - In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, U.S. prosecutors said on Thursday.
"In the place of guns and masks, this cyber crime organization used laptops and the Internet," U.S. Attorney for the Eastern District of New York Loretta Lynch said at a news conference. "Moving as swiftly as data over the Internet, the organization worked its way from the computer systems of international corporations to the streets of New York City."
"The case demonstrates the major threat that cyber crime poses to banks around the world. It also shows how increasingly international and sophisticated criminal gangs have become, particularly those using the Internet.
"Prosecutors highlighted the "surgical precision" of these hackers, the global nature of their organization, and the speed and coordination with which they executed operations in 27 countries.
"Cyber experts said they believe the operation likely required the work of several hundred people, at least several of whom were highly skilled hackers capable of devising ways to penetrate well-protected financial systems.
"Hackers only need to find one vulnerability to cause millions of dollars of damage," said Mark Rasch, a former federal cyber crimes prosecutor, based in Bethesda, Maryland.
"An investigation is ongoing to see if other cells are operating in the country, Lynch said, adding that U.S. law enforcement had worked with counterparts in Japan, Canada, Germany, Romania, the United Arab Emirates, Dominican Republic, Mexico, Italy, Spain, Belgium, France, United Kingdom, Latvia, Estonia, Thailand, and Malaysia to uncover the ring."
But don't worry folks the Internet is perfectly safe, it's a perfectly safe place.