Russian central bank
loses $31 million in cyber attack
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[December 03, 2016] MOSCOW
(Reuters) - Hackers stole more than 2 billion rubles
($31 million) from correspondent accounts at the Russian
central bank, the bank said on Friday, the latest
example of an escalation of cyber attacks on financial
institutions around the globe. |
![](../images/120316pics/busine4.jpg)
A padlock is displayed at the Alert Logic booth during
the 2016 Black Hat cyber-security conference in Las
Vegas, Nevada, U.S. August 3, 2016. REUTERS/David Becker |
Central bank official Artyom Sychyov discussed the losses at a
briefing, saying that the hackers had attempted to steal about 5
billion rubles.
Sychyov was commenting on a central bank report released earlier
in the day, that told about hackers breaking into accounts there
by faking a client's credentials. The bank provided few other
details in its lengthy report.
Financial regulators around the world have recently urged banks
to beef up cyber security in the wake of a string of
high-profile heists on banks around the world.
Fears about attacks on banks have mounted since February when
unknown cyber criminals stole $81 million in funds that
Bangladesh's central bank had on deposit at the New York Fed.
Law enforcement agencies around the globe are hunting for the
criminals who stole the money using fraudulent wire-transfer
requests sent over the SWIFT bank messaging network.
Separately, Russia said on Friday that it had uncovered a plot
by foreign spy agencies to sow chaos in the country's banking
system via a coordinated wave of cyber attacks and fake social
media reports about banks going bust.
(Reporting by Andrey Ostroukh and Elena Fabrichnaya; writing by
Katya Golubkova and Jim Finkle; editing by Vladimir Soldatkin
and David Gregorio)
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