Joseph Menn reports that according to the FBI, cyberhackers were able to directly drain $40 million from bank accounts so far this year, “primarily targeting the small and mid-sized businesses that are themselves customers of small and mid-sized banks.” Jeffrey Troy, chief of the FBI’s cybercrime section, told the Financial Times that online bank thefts in 2009 had seen “a very dramatic increase from past years”.
Read more on Financial Times.