· the firm lost over $300 million in minutes. Each of these mistakes cost banks millions , if not billions, proving that even the most secure financial institutions can be vulnerable to human. · last year, computer security company kaspersky lab estimated that a multinational gang of cyber-criminals stole as much as $1 billion from up to 100 financial institutions over the span of two. · hackers thought to be working for the north korean regime have successfully converted at least $300m (£232m) of their record-breaking $1. 5bn crypto heist to unrecoverable funds. · while a series of lucky coincidences saved the banks hundreds of millions of dollars, the hackers did manage to steal $80 million, in one of the most daring bank heists in history, as per. · a group of cyber criminals who were behind the mind-blowing bangladesh bank heist were thwarted from stealing $1 billion because of a simple typo. This is the incredible story of how a single typo impeded a group of hackers from siphoning off $1 billion from a bank, an incident that highlights both the intricacies of cybercrime and the sometimes whimsical nature of technology. In 2016, cybercriminals orchestrated an audacious heist targeting bangladesh bank, exploiting a simple typo to steal $81 million through fraudulent swift transactions. The hackers used sophisticated malware to compromise bank systems, manipulate records, and delay detection.
