A recent string of cyberattacks targeting U.S. financial institutions is now being investigated by the FBI and Secret Service. Foreign hackers continually attack western banks and corporations, with JPMorgan Chase and at least four unnamed banks targeted. It remains unknown whether this was simple theft or if it was used to help aid a cyberespionage campaign targeting U.S. banks and their customers.
Despite having increased cybersecurity to defend against attacks, banks struggle to detect - and shut down - sophisticated, coordinated attacks. Stolen data includes bank customer information, along with checking and savings account numbers from the cyber breach, with digital forensics now being studied. Phishing emails were sent, hosted on a Moscow-based server, and tricked users into turning over their personal information while also installing malware to further torment victims.
"We are working with the United States Secret Service to determine the scope of recently reported cyberattacks against several American financial institutions," said Joshua Campbell, FBI spokesperson, in a statement.
Last updated: Apr 7, 2020 at 11:47 am CDT
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