Feeds

Russian hacker breaks into US bank database

Now he's in big trouble

  • alert
  • submit to reddit

Top three mobile application threats

ComputerWire: IT Industry Intelligence

A Russian computer hacker has been detained on suspicion of extorting $10,000 from a US bank after breaking into its database and threatening to publish account details.

The suspect, identified only as Nikolai, was detained in the western Siberian town of Surgut after Moscow police's computer fraud unit was approached by the US embassy.

According to reports in the Russian press, Nikolai Nikolai broke into the web server of Online Resources Corp, a McLean, Virginia company, which offers internet banking, bill payment and e-finance application services to financial institutions.

Nikolai, a 21-year-old university drop-out, then attempted to extort money from an unnamed New York bank by threatening to publish account details. To buttress the threat, he posted details from 1,500 accounts online. The bank paid out $10,000 in December but estimates its total financial damage at $250,000.

The Moscow computer fraud unit managed to track him by his IP address when he exchanged email addresses with the bank, and he is now in custody facing 15 years jail.

© ComputerWire.com. All rights reserved.

Combat fraud and increase customer satisfaction

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.