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According to Group-IB – Global Cyber Security Company, a team of Russian speaking hackers stole over $10 million from communities banks in the United States, Britain, and Russia. Dubbed, MoneyTaker, this group of #cybercriminals used vicious malware to attack card processing systems at these local banks.

Of the 20 attacks over of the course of the last 18 months, the hackers stole an average of $500k in each heist, with most of the #cyberattacks occurring in the U.S. (16).

According to the report, #MoneyTaker used tools like #Metaspoit, #PowerShellEmpire, and even built their own tools to hack their way into these financial institutions.

#Group-IB credits these successful attacks on the overall skillset of MoneyTaker as they are capable using creative and strategic tactics in order to erase each step they take. According to the report, the #hackers have even altered source code on the fly in order to remain undetected as they underwent their heists.

It’s clear that these attacks happen in what seems to be in a blink of an eye so if you’re interested in learning more about our industry leading policy form and how it can respond in the event of an attack, contact us.

Click here to read more about these cyber attacks.

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