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Communications of the ACM

ACM Opinion

How to Fight the Next $1 Billion Bank Hack

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Bank hack

One way hackers stole from banks was by seizing central control of the banks' ATMs to set the terminals to spit out money spontaneously, where they had accomplices waiting to collect the cash.

Credit: Photo illustration by Slate; photos by Thinkstock

Good news! A major hack you don't have to worry about! Unless, that is, you happen to be an executive or security employee at one of the hundreds of banks targeted by the group that's come to be known as Carbanak or Anunak.

From Slate
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