Bank forgoes a firewall, has $80 million stolen by hackers

We’ve heard plenty about banks and other institutions losing money to ransomware, which essentially holds a company’s data hostage, in exchange for money. These kinds of attacks can be hard to combat and protect against, given the number of people using computers inside of a company. But one bank has learned the hard way that you need to at least take the most basic precautions.

You may have heard about about the central bank of Bangladesh earlier this year. Thanks to a typo made by hackers, an attempt to steal more than $1…

Source link

Bank forgoes a firewall, has $80 million stolen by hackers