Saturday, November 25, 2006

Hackers Scare the Banks

In a coordinated assault on the city's banking industry, five major banks saw sudden electronic transfers of millions of dollars go from a variety of large accounts, mostly commercial accounts, into the personal savings of Mayor Campbell. Before the banks could pursue the error, the accounts repaired themselves. IT executives and teams from the Treasury Department are going over the logs from the various communications systems to see how this happened. It is unknown whether this was the work of a single master hacker, or a group of many, and it is unclear whether it was white hat hacking (intended for fun and to demonstrate weaknesses in computer security) or black hat hacking (intended for personal gain) as a test run for a real crime.


Post a Comment

<< Home