Cyber-security experts examining '$1bn bank hack' reports

Technology

A leading security company has announced that it has actually uncovered some unprecedented cyber-attacks on 100 banks, which might have resulted in $1bn losses.

However, security experts are reportedly in disagreement regarding the severity of these alleged breaches, and also as to what is the extent of cash that was stolen.

Russian company Kaspersky Lab says that hackers have accessed the banks' networks and this was done by sending spoof emails to bank employees while experts say that this might be exaggerated.

Taguri: $1, examining, bank, cyber, experts, bn, hack, reports, Security

Technology
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