Wednesday, May 15, 2013

How I 'stole' $14 million from a bank: A security tester's tale



In early 2010, Nish Bhalla sat down at his computer with one objective: steal a huge amount of money from a bank.

Read about it here 

4 comments:

  1. Wow! It is crazy to see how easy it is to access a bank's internal system. As mentioned by the video, you don't have to be a bank manager to access secure information, you just need to make the bank's operating system think you are the bank manager. As technology grows, security becomes an increasing concern.
    It is interesting that hackers have the skills that would make them very successful in the job market, but rather they use their skills to cheat and steal.

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  2. It seems that now citizens, not just the government, have the power of affecting inflation. Crazy that he could just create money. What acts should the government/banks take to make sure that people cannot abuse this is the future.

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  3. This is pretty wild, and I had no idea that it was that easy to hack into a bank and steal money. Obviously banks need to heighten their online security in order to counter this rising issue. Security testers should be a mandatory hire for banks in order to fix holes in their security systems.

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