Russian central bank says bank account hacked in $45 million cyber heist - News Summed Up

Russian central bank says bank account hacked in $45 million cyber heist


The cyber attack was mentioned in an annual report the bank published on stability within the financial system. Photo: ReutersMoscow: Hackers broke into accounts at the Russian central bank earlier this year by faking a client’s credentials and attempted to steal $45 million, the bank said in a report released on Friday. It said they broke into a system the central bank operates and that gives its clients access to correspondent accounts opened within the bank. “Cyber risks...can potentially have implications for financial stability if cyber attacks are aimed against strategically important banks, central banks and financial infrastructure facilities,” the report said. Since then, there have been a number of cyber attacks affecting Russian institutions, though it is unclear if they were linked to the row between Moscow and Washington.


Source: Mint December 02, 2016 15:32 UTC



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