Sunday, May 7, 2017

Who Knew Stealing Money from Banks Would Ever Get So Easy

Willie Sutton looks on from Bankrobber Heaven and thinks, "Man, what I might have done with a computer."

Note:  Willie Sutton said the reason he robbed banks is that's where the money is.  He also never hurt anyone and the man is a crime legend who, if he were alive today, would own Washington.  (WIKI:  Willie Sutton)


Life was much harder for Willie than was necessary since robbing banks is effortless today.  (Phys.org:  Hackers steal up to $1 billion from banks, security co. says (Update))

A hacking ring has stolen up to $1 billion from banks around the world in what would be one of the biggest banking breaches known, a cybersecurity firm says in a report scheduled to be delivered Monday.

The hackers have been active since at least the end of 2013 and infiltrated more than 100 banks in 30 countries, according to Russian security company Kaspersky Lab.

- PO


There are so many claims about Russian hacking but the absurdity of any interest by hackers for politicians is ludicrous since political thinking is too small-time to matter.  Politicians aren't anything more than chump change in this league.  These hackers don't consort with amateurs in anything since they are playing for the major leagues.

The goal seems to be financial gain rather than espionage, he said.

- PO

Note:  Gee, what a shock in that, huh?


"In this case they are not interested in information. They're only interested in the money," he said. 
"They're flexible and quite aggressive and use any tool they find useful for doing whatever they want to do."

Most of the targets have been in Russia, the U.S., Germany, China and Ukraine, although the attackers may be expanding throughout Asia, the Middle East, Africa and Europe, Kaspersky says. In one case, a bank lost $7.3 million through ATM fraud. In another case, a financial institution lost $10 million by the attackers exploiting its online banking platform.

Kaspersky did not identify the banks and is still working with law-enforcement agencies to investigate the attacks, which the company says are ongoing.

- RT

There you have the finest criminal ambition:  show me da money.

Ed:  Washington couldn't handle Willie Sutton!

Nope and they're too stupid to be hackers.  If you're looking for the big bucks in criminality, these pissant politicians are small-time.  Think like Willie Sutton ... go straight for the banks and you see the ease of the game since they didn't rip off one bank but thirty or more of them.

Also unlike Washington, these criminals had a code of honor:

The hackers seem to limit their theft to about $10 million before moving on to another bank, part of the reason why the fraud was not detected earlier, Kaspersky principal security researcher Vicente Diaz said in a telephone interview with The Associated Press.

- PO

It's beautiful since they could steal ten million and the bank wouldn't even notice.

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