BREAKING ALERT: Huge Worldwide Cyber Bank Raid Ongoing, Confirmed €60M Taken By 1 Ser

[skidmark]

BREAKING ALERT: Huge Worldwide Cyber Bank Raid Ongoing, Confirmed €60M Taken By 1 Server, Estimated €2 Billion Taken By Another 59 Servers…This Is Huge!!!



http://investmentwatchblog.com/breaking-alert-huge-worldwide-cyber-bank-raid-ongoing-confirmed-e60m-taken-by-1-server-estimated-e2-billion-taken-by-another-59-servers/

Breaking on Sky just now…..
Momma coop further down has link. Also check sky news twitter feed..

Cyber Raid..

McAfee Virus researchers have uncovered a series of attacks on financial services industry on high balance accounts, some transfers of over 100,000 Euros have been reported…….

Over 60 million euros stolen so far from Dutch, Italian and Germany banks……

Some guy talking about it before saying its China, possibly geeks in a warehouse he said, also said that the west, UK and US on the offensive…

Is this Cyber Robbery or Cyber War…

UPDATE:

Guy on sky news again….

They have attacked UK and US , over 60 servers around [...]
UPDATE:

Guy on sky news again….

They have attacked UK and US , over 60 servers around world attacking banks, attacks are ONGOING still, €60m confirmed from 1 server, they estimate over €2 billion from other servers.

This is Huge and explains what happed to RBS..[googlevid]

http://news.sky.com/templates/watch-live

http://www.breakingnews.com/

There is a blip about it here. you have to scroll down a bit

also here: http://www.theverge.com/2012/6/26/3118002/mcafee-guardian-analytics-cyber-attacks-banking-systems-europe

“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).”

[osoab]

How breaking is this if it has been going on for months? Why wide spread dissemination now?

[Serpo]

But I needed the cash too buy more silver......................

[skidmark]

How breaking is this if it has been going on for months? Why wide spread dissemination now?

Excuse for a bank holiday?

[Horn]

How breaking is this if it has been going on for months? Why wide spread dissemination now?

It could take them months to get in to move about freely enough.

Then bam.

Babylon

My guess is its the oilmen paying for the -.40 on Obama's re-election.

[osoab]

Dissecting Operation High Roller | Massive Cyber Attack in USA, Europe and Latin America Siphons $2.5 Billion From Banks (http://www.zerohedge.com/contributed/2012-06-27/dissecting-operation-high-roller-massive-cyber-attack-usa-europe-and-latin-am)





http://www.youtube.com/watch?feature=player_embedded&v=8m0VpiBpA9I

http://www.youtube.com/watch?feature=player_embedded&v=8m0VpiBpA9I


Dissecting Operation High Roller

How the high-tech mantra of “automation and innovation” helps a multi-tiered global fraud ring target high net worth businesses and individuals. Building on established Zeus and SpyEye tactics, this ring adds many breakthroughs: bypasses for physical multi-factor authentication, automated mule account databases, server-based fraudulent transactions, and attempted transfers to mule business accounts as high as €100,000 ($130,000 USD). Where Europe has been the primary target for this and other financial fraud rings in the past, our research found the thefts spreading outside Europe, including the United States and Colombia.

Executive Summary

McAfee and Guardian Analytics have uncovered a highly sophisticated, global financial services fraud campaign that has reached the American banking system. As this research study goes to press, we are working actively with international law enforcement organizations to shut down these attacks.

Unlike standard SpyEye and Zeus attacks that typically feature live (manual) interventions, we have discovered at least a dozen groups now using server-side components and heavy automation. 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.

With no human participation required, each attack moves quickly and scales neatly. This operation combines an insider level of understanding of banking transaction systems with both custom and off the shelf malicious code and appears to be worthy of the term “organized crime.”
This study found 60 servers processing thousands of attempted thefts from high-value commercial accounts and some high net worth individuals. As the attack shifted emphasis from consumers to businesses, mule business accounts allowed attempted transfers averaging in the thousands of Euros, with some transfers as high as €100,000 (US$130,000)1. Three distinct attack strategies have emerged as the targets have expanded from the European Union, to Latin America, to the United States.

Debunking the popular wisdom that only big banks are affected, the research documents attacks at every class of financial institution: credit union, large global bank, and regional bank. So far, we estimate the criminals have attempted at least €60 million (US$78 million) in fraudulent transfers from accounts at 60 or more financial institutions (FIs). 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 €2 billion.2

Full report below...



see the Scribd report @ the link.

[collector]

Dissecting Operation High Roller | Massive Cyber Attack in USA, Europe and Latin America Siphons $2.5 Billion From Banks (http://www.zerohedge.com/contributed/2012-06-27/dissecting-operation-high-roller-massive-cyber-attack-usa-europe-and-latin-am)




see the Scribd report @ the link.

Absent a false flag attack - how does someone go about removing $2.5 billion from the electronic banking system? I have a hard time getting $5,000 in cash from my own account on any given day. You would think that eventually the flow of money would lead to a person or organization that at some point made a withdrawl or there would be some point at which the money stopped transferring.

[JDRock]

China huh? well the gubbermint soulution will be to hand china more of our country and crack down on patriotic internet groups! THERE-problem solved!

[Horn]

Absent a false flag attack - how does someone go about removing $2.5 billion from the electronic banking system? I have a hard time getting $5,000 in cash from my own account on any given day. You would think that eventually the flow of money would lead to a person or organization that at some point made a withdrawl or there would be some point at which the money stopped transferring.

I'm only guessing, but if the bank itself takes your account into its account, maybe where the hacking occurs?

Or where the working capital within the bank that ties to your account, the bank can't gamble with phony dollars.