A recent heist robbed two Egyptian banks of $45 million, involved a yet-unknown number of actors in 27 cities around the world, contained 40,500 fraudulent ATM transactions, and left no fingerprints.
Two Dutch citizens were caught by German authorities last week for their alleged involvement in an elaborate cyber-scheme that tapped the United Arab Emirate's National Bank of Ras Al Khaimah PSC (RAKBANK) for nearly five million dollars and Oman's Bank of Muscat for $40 million.
"I don't know why these banks were targeted in particular, but the methodology behind these kinds of attacks is to canvass hundreds or thousands of institutions and find the ones with the most accessible vulnerabilities," says Brian Kenyon, vice president and chief technology officer of Security Connected at software-safety company McAfee.
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