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International

Russian banks lose $22 million to cybercrime

July 20, 2016 Reprints

Russia's central bank has said that the country's banks have lost 1.37 billion Russian rubles ($22 million) to cybercrime between May 2015 and June, reports The Moscow Times.

The central bank's cyber-space monitoring service Fincert recorded 20 major cyber attacks during the period. Fincert said criminals attempted to steal RUB 2.87 billion from the banks. Criminals have stolen approximately RUB 100 million through ATMs and point-of-sale terminals since November 2015.

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Russian banks lose $22 million to cybercrime

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