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Hackers are holding up banks, digitally

22
Apr
2016
Hackers are holding up banks, digitally

Cyber_Security

The birth of online banking ushered in a new era of hacking entailing spear-phishing tactics aimed at stealing user credentials. From here, it becomes easy for hackers to siphon funds from their victims into remote accounts, often located overseas.

That’s one way to do it, but another method being employed by cyber criminals is to skip the middle man and go straight to the source: Why not rob banks directly?

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