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Sophisticated bank fraud attempted to steal at least $78 million

by
June 27, 2012
Cyber Security
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“McAfee and fellow security firm Guardian Analytics released a report today that detailed a sophisticated type of bank fraud that originated in Italy and spread globally, initiating the transfer of at least $78 million from around 60 financial institutions. Banks in the Netherlands were hit the hardest, with fraudsters attempting to transfer over $44 million worth of funds.”

Source: Sophisticated bank fraud attempted to steal at least $78 million | Ars Technica


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