*Breaking Reports: Cyber Bank Raid in Progress Targeting US, UK, Euro-zone Banks*
UK’s Sky News has just reported that a huge worldwide cyber bank raid is ongoing- €60 million have been confirmed stolen through 1 server, and a total of €2 billion is estimated to have been stolen through an additional 59 servers!
Sky News is reporting that McAfee Virus has uncovered a series of financial attacks on US, UK, and Euro-zone banks with individual transfers of over €100,000 being reported.
Is this an extension of RBS’ NatWest’s complete banking system melt-down/ cash account rehypothecation, which is now in its 8th day?
Our thoughts are this is either an Iranian ‘Stuxnet’ retaliation, or a false-flag banking system lock up by the Western Central Banks themselves on which they can conveniently pin the blame for an imminent derivatives induced contagion and banking collapse.
60 million euros stolen from bank accounts in organised cyber bank raid, attacks mainly targeted Italian, German and Dutch banks
More as we hear it.
Full report from McAfee can be found here: http://www.mcafee.com/us/resources/reports/rp-operation-high-roller.pdf
Story now back on Sky News’ Website:
By Pete Norman, Sky News Online
Sixty million euro has been stolen from bank accounts in a massive cyber bank raid after fraudsters raided dozens of financial institutions around the world.
According to a joint report by software security firm McAfee and Guardian Analytics, more than 60 firms have suffered from what it has called an “insider level of understanding”.
“The fraudsters’ objective in these attacks is to siphon large amounts from high balance accounts, hence the name chosen for this research – Operation High Roller,” the report said.
“If all of the attempted fraud campaigns were as successful as the Netherlands example we describe in this report, the total attempted fraud could be as high as 2bn (£1.6bn).”
The automated malicious software programme was discovered to use servers to process thousands of attempted thefts from both commercial firms and private individuals.
The stolen money was then sent to so-called mule accounts in caches of a few hundreds and 100,000 euro (£80,000) at a time.
Credit unions, large multinational banks and regional banks have all been attacked.
Sky News defence and security editor Sam Kiley said: “It does include British financial institutions and has jumped over to North America and South America.
Security firms McAfee and Guardian Analytics have published a joint fraud report, dubbed Operation High Roller, on new methods of siphoning money from banking systems. Using a series of highly sophisticated cyber attacks to target high balance accounts, criminals have been able to successfully bypass physical “chip and pin” authentication and use server-based fraudulent transactions to steal money from a number of accounts in Europe. The attacks originated in Italy, using SpyEye and Zeus malware to transfer funds into fraudulent accounts….
The majority of attacks appear to have taken place across European banking systems, but McAfee warns that it has found evidence of attacks at Latin American and North American financial institutions too. The company is warning that 60 servers have been processing thousands of attempted thefts from high-value accounts over a period of months, resulting in attempts to steal at least €60 million (US$78 million). McAfee says that if all the attempted fraud attacks were successful then the total attempted fraud could be as high as €2 billion ($2.49 billion).