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

NSW transit officers can't check credit card tap-ons

NSW transit officers can't check credit card tap-ons
ANZ digital chief Maile Carnegie frets over human obsolescence

ANZ digital chief Maile Carnegie frets over human obsolescence
NSW puts digital driver's licence on a blockchain

NSW puts digital driver's licence on a blockchain
Linus Torvalds apologises for 'hurtful' behavior, takes a break

Linus Torvalds apologises for 'hurtful' behavior, takes a break
You must be a registered member of iTnews to post a comment.
| Register

Whitepapers from our sponsors

How to choose a trusted IT provider
How to choose a trusted IT provider
Why Business Process Modelling Matters
Why Business Process Modelling Matters
Report: ANZ IT Decision Makers - Top Priorities for Endpoint Security 2018
Report: ANZ IT Decision Makers - Top Priorities for Endpoint Security 2018
Managed Security Service Providers for Dummies
Managed Security Service Providers for Dummies
The Cost of Cloud Expertise report
The Cost of Cloud Expertise report

Events

Log In

Username / Email:
Password:
  |  Forgot your password?