Bank Loses $2.4M in Two Attacks
Friday, August 3, 2018 8:55 AM

A U.S. bank has been the victim of two cyber attacks in under a year that resulted in $2.4 million in total losses. A phishing email targeting a bank employee gave hackers access to an internal workstation in May of 2016, providing the nefarious actors with the ability to install malware that gave them access to the STAR ATM network and allowed them to make withdrawals at hundreds of ATMs in January of 2017. Following the incidents, the bank filed claims with its insurance carrier, which has refused to cover the bank's losses. Threadpost magazine has the details here.

Source:  Threatpost