Cyber Risks · Krebs on Security

Charting the Carnage from eBanking Fraud II

Summary: Krebs on Security posted an updated, non-interactive screenshot of a map showing recent victims of high-dollar online banking thefts, with red markers linking to stories about each attack. The post and its comments note that the map shows only the tip of the iceberg, since thefts go unreported when they are not discovered, settled by the bank or insurer, covered by a confidentiality agreement, or simply not covered by media.

What's compelling: The commenters argue that a complete list of victims would render the map one big red marker, and suggest plotting where the wire transfers go instead - a view that would light up Ukraine and other locations - to see whether the money converges on the same Western Unions.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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