South Africa's Postbank lost R42 million (£3.5 million) to cybercriminals who hacked into its computer systems and withdrew the looted cash from ATMs over the New Year holiday period.
With cybercrime attacks becoming sophisticated enough to compromise the DoD and their smartcards (http://labs.alienvault.com/labs/index.php/2012/when-the-apt-owns-your-smart-cards-and-certs)
attacking a normal Windows-PCs with mere passwords (rated at IPF-2 in
http://middleware.internet2.edu/idtrust/2008/papers/01-noor-ipf.pdf) is child's play.
Up to £80kLondon - City
© Finextra Research 2015