Cyber Bonnie & Clyde target banks online

The bank robbers drove around New York City for more than 10 hours, collecting some $2.4 million — from ATM machines. They posed for selfies with the cash.

The financial industry’s global electronic networks mean that banks are as secure only as their weakest computer links. A tech-savvy Bonnie or Clyde could exploit vulnerabilities to log into a bank’s computer systems from a distant country with little chance of getting caught and seemingly endless targets.  Andrew Russell | Tribune-Review

Banks are as secure only as their weakest computer links. A tech-savvy Bonnie or Clyde could exploit vulnerabilities. Andrew Russell | Tribune-Review

But the real theft took place earlier, 7,800 miles away in India. Hackers cracked into a financial outsourcing company there, resetting software to allow unlimited withdrawals and clearing the way for robbers to withdraw $40 million from ATMs worldwide.

Because of the financial industry’s global electronic networks, even the most secure institutions are as strong only as their weakest international computer links.

Check out the latest investigation in the Trib’s Cyber Rattling series on computer security.

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