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

Most Read Articles

Telstra sets $65 a month as minimum spend to get 5G access

Telstra sets $65 a month as minimum spend to get 5G access
Woolworths pays record $1m fine for spamming customers

Woolworths pays record $1m fine for spamming customers
Telstra gets two more years to upgrade or sell its residential fibre networks

Telstra gets two more years to upgrade or sell its residential fibre networks
ATO systems crash in tax time refund rush

ATO systems crash in tax time refund rush
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

Get IT, finance and business on the same page
Get IT, finance and business on the same page
Why is DevSecOps important to your business?
Why is DevSecOps important to your business?
Architecting Hybrid IT & Edge for Digital Advantage
Architecting Hybrid IT & Edge for Digital Advantage
Organizations Increasing Their Adoption of NFV
Organizations Increasing Their Adoption of NFV
Modernise IT by Reducing Your Reliance on AD
Modernise IT by Reducing Your Reliance on AD

Events

Log In

Username / Email:
Password:
  |  Forgot your password?