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Russia says hackers stole more than $17 million from its banks in 2017

Russian authorities are now keen to show that Russia too is a frequent victim of cyber crime and that they are working hard to combat itpc: ht

Hackers stole more than 1 billion roubles ($17 million) from Russian banks using the Cobalt Strike security-testing tool in 2017, a central bank official said on Tuesday.

Russia is under intense scrutiny over cyber crime following allegations hackers backed by Moscow have attacked targets in the United States and Europe, accusations the Kremlin has repeatedly denied.

Russian authorities are now keen to show that Russia too is a frequent victim of cyber crime and that they are working hard to combat it. Continue reading

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Massive cyberattack targets Europe, US; India not affected

MOSCOW/KIEV: A ransomware attack hit computers across the world on Tuesday, taking out servers at Russia’s biggest oil company, disrupting operations at Ukrainian banks, and other multinational firms.

Cyber security experts said those behind the attack, dubbed GoldenEye, appeared to have exploited the same tool used in the WannaCry hack. India’s cyber security agency chief Sanjay Bahl said the country had not been affected.

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source: Hindustan Times

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