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The problem with modern day bank robberies
From: Lee J <lee () riskbasedsecurity com>
Date: Sat, 7 Dec 2013 08:41:48 +1100


It used to be easy enough to spot a bank robber. With their balaclavas and
weapons of choice, the criminals would simply storm in demanding money and
everyone knew exactly what was happening. While criminals still
occasionally resort to traditional methods, it’s rare to see the dramatic
Bonnie and Clyde-style bank heists of the 20th century.

Instead there’s a new form of bank robbery that has the potential to do
damage on a much larger scale. Shifting the focus from physically taking
funds from a bank, the prize for criminals these days is obtaining a bank’s
saleable data by hacking into its network. In fact, a recent report from
KPMG suggested that the next major shock to the economy could come from a
cyber attack.

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