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Russian hacker group targetting largest EU banks

Posted on April 11, 2016 by Dissent

SC Magazine reports:

The Russian government has begun working with Russia’s Central Bank to develop a package of measures aimed at fighting Buhtrap, the recently discovered  hacker group, which, to date, has stolen around RUB 4 billion (£42 million) from Russian and Western banks, and is reportedly planning further attacks on the EU banking system.

An official spokesman of Xenia Yudaeva, the first Deputy Chairman of the Russian Central Bank, told SCMagazineUK.com that the hacker group uses sophisticated cyber-attacks, the most recent of which allowed it to steal about RUB 600 million £6.3 million) from Metallinvestbank, one of Russia’s largest banks.

Read more on SC Magazine.

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Category: Financial SectorHackNon-U.S.

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