Cosmos Bank loses US$13.5 million in ATM server attack

By on
Cosmos Bank loses US$13.5 million in ATM server attack

Simultaneous withdrawals across 28 countries.

Cyber criminals hacked the systems of India's Cosmos Bank and siphoned off nearly 944 million rupees (US$13.5 million) through simultaneous withdrawals across 28 countries over the weekend, the bank has told police. The co-operative bank said unidentified hackers stole customer information ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cosmos bank finance

Sponsored Whitepapers

Is the technology refresh dead?
Is the technology refresh dead?
DevSecOps: A framework for digital innovation
DevSecOps: A framework for digital innovation
Encryption: Protect your most critical data
Encryption: Protect your most critical data
Overcoming data security challenges in a hybrid, multicloud world
Overcoming data security challenges in a hybrid, multicloud world
Move beyond passwords
Move beyond passwords

Events

Most Read Articles

Aussie Broadband says some customers are switching providers to get high-speed NBN discounts

Aussie Broadband says some customers are switching providers to get high-speed NBN discounts
Aussie Broadband to white label its services

Aussie Broadband to white label its services
Swinburne University data breach exposes details of 5000 staff, students

Swinburne University data breach exposes details of 5000 staff, students
ATO loses its cyber security chief

ATO loses its cyber security chief
You must be a registered member of iTnews to post a comment.
| Register

Log In

Username / Email:
Password:
  |  Forgot your password?