Russian-Speaking MoneyTaker Group Suspected of Stealing $10M From Companies in Russia, UK and US

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Russian-Speaking MoneyTaker Group Suspected of Stealing $10M From Companies in Russia, UK and US

By CircleID Reporter
December 12, 2017, 8:55 pm PST Views: 16,806 Add Comment

According to reports today, Russian-speaking hackers called MoneyTaker, are suspected of stealing nearly $10m by removing overdraft limits on debit cards and taking money from cash machines. The group “also stole documentation for technology used by more than 200 banks in the US and Latin America,” BBC reports. “The documents could be used in future attacks by the hackers ... Kevin Curran, an independent expert and professor of cybersecurity at Ulster University, said the attacks were ‘as sophisticated as it gets at this moment in time.’ ... ‘They’re able to compromise systems and then extract all the documents for how a banking system works so that they have the intelligence needed to produce fraudulent payments.’”

By CircleID Reporter

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