Tech | June 27, 2011 | 3 comments

Citigroup Lost $2.7 Million in May Hacker Attack

source: http://https://www.infosecisland.com/blogview/14787-Citigroup-Lost-27-Million-in-May-Hacker-...

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Officials from the banking giant now assert that $2.7 million was stolen from about 3,400 accounts in the May attack. Citigroup immediately reported the security incident to law enforcement and regulatory authorities, but waited about three weeks before notifying affected customers...

https://www.infosecisland.com/blogview/14787-Citigroup-Lost-27-Million-in-May-Ha...
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3 comments // Citigroup Lost $2.7 Million in May Hacker Attack

  • figgdimension
  • figgdimension
  • COMMONSENSEFORCOMMONGOOD_COM
    • 0
      COMMONSENSEFORCOMMONGOOD_COM  

    • MY! I can't imaging why the hackers let Citygroup off with such a small pet on the hand. Any capable hacker that could access that which Citygroup alleges was hacked, would surely have the sense to go after a couple of hundred million, and not just a measley 2.7 mill.

      Does this smell like a Citygroup propaganda stunt to anyone else?

      If Citygroup is responsible to make good on the alleged stolen money, why tell the customers that their security system is not sufficient to protect their money at all. Why make their customers insecure with Citygroup? Why not just correct the problem and go on like they were always secure? Only a government/corporate conspiracy to justify greater IT restrictions and intrusions make sense of all this to me.

    • 11 months ago
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