Hackers breaking Over 1 Billion U.S. Dollars

Illustration. Photo: stock.xchng

Hackers breaking Over 1 Billion U.S. Dollars

NEW YORK _ Internet security experts from Dell SecureWorks, Don Jackson said that more than 1 billion U.S. dollars money of small and medium-sized banking customers in the U.S. and European hackers burglarized every year.

“The amount of money stolen from customers is greater than ever carried the famous robbers of old,” said Sheldon Whitehouse, U.S. Senator from the Democratic Party last year led the task force of cyber security intelligence.
According to Whitehouse, is currently organized crime in Eastern Europe targeting small companies, schools, and local governments. Therefore, the accounts of companies and institutions are generally only get the basic protection issued by a bank or a regional community. In addition, money in such accounts are not insured.

“If all those taboos that their accounts at the bank of small and medium-risk, they will move it to JPMorgan Chase,” said James Woodhill, financial managers who require small and medium-sized banks increase the security of online banking.

JPMorgan Chase & Co. is the second largest bank in the U.S. that guarantee commercial accounts and deposits from all forms of cyber crime. “We have invested substantially in the prevention and detection of fraud,” said Patrick Linehan, spokesman for JPMorgan.

Cybercrime is a new priority which handled the Federal Bureau of Investigation (FBI) and the U.S. Secret Service. Two institutions that have improved the ability and power to fight cyber crime, including cooperating with law enforcement many countries.

U.S. National Security Council report states that cybercrime has become a serious threat to the financial system so it is categorized as crimes that threaten national security.

source

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~ by ickerz on 9 August 2011.

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