Tag: $45 million withdrawal

$45 million ATM heist turns focus again on insider threats, controlling privileged access!

New wave of cyber-attacks on banks lend credence to the belief that insider threat is getting complex and cyber-criminals are increasingly targeting to siphon-off the login credentials of employees and administrative passwords of IT resources. It is termed as the ‘massive 21 st century bank heist’.  A worldwide gang of cyber-criminals in multiple cities drained ATMs to the tune of $45 million in a matter of few hours last week