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In light of recent news showing $1bn (£648m) has been stolen in cyber-attacks since 2013 from up to 100 banks and financial institutions worldwide Konrads Smelkovs of KPMG's cyber security team comments: |
“These attacks were unique in terms of the organisation it took to execute them. However, the tools used by these cyber-crime gangs weren't particularly sophisticated. It was the persistence and cautious approach of the criminals that netted them the prize. The banks targeted - primarily in Russia and Ukraine - suggest a selective operation in areas where tracking transactions is more complex.
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