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cyber bank robbery

How bank robbers have gone digital – and why they can’t be stopped

Willie Sutton’s rationale for robbing banks — ‘Because that’s where the money is’ – holds as true today as 80 years ago. Instead of machine guns and fast getaway cars, cyber-age bank robbers rely on cleverly adopting common hacking routines to find and extract the cash. Banks have poured billions into hack-proofing their websites and networks. Yet breach attempts persist and robbers continue to strike it rich. Security services vendor NTT Security reports that finance […]

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