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Citibank Denies Reported Breach Linked To Russian Gang

December 22nd, 2009 12:01 admin Leave a comment Go to comments

alphadogg writes “US authorities are investigating the theft of an estimated tens of millions of dollars from Citibank by criminals using Russian software tailored for the attack, according to the Wall Street Journal (subscription required to access that link — CNET’s coverage here). The security breach at the major US bank was detected mid-year based on traffic from Internet addresses formerly used by the Russian Business Network gang, the WSJ reported today, citing unnamed government sources. The Russian Business Network is a well-known group linked to malicious software, hacking, child pornography, and spam. The FBI is probing the case, the report said. It was not known whether the money had been recovered and a Citibank representative said the company denied any system breach or losses, according to the report.”

Source: Citibank Denies Reported Breach Linked To Russian Gang

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