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Recently Wholesale Dani Alves Jersey , cyber security firm Kaspersky reported that hackers have gained access to more than 100 banks in over 30 countries from past 2 years
stealing as much as $1 billion.
Hackers infiltrated the bank security systems through phishing schemes. They used the surveillance systems in banks to monitor
the bank and employees at work by penetrating malware. Once the criminal group
which includes Europeans, Chinese and Russiansbecame familiar with bank
operations they were able to steal funds without raising suspicion, by tweaking
ATMs to dispense money at specific times or to transfer money to fraudulent
accounts. Millions of dollars from banks in United States, Switzerland, Japan,
Russia and Netherlands have been transferred to fake accounts that were set up
in other countries.
Before moving on to other banks, hackers limited their scores to about $10million, which aided them to avoid detection for almost 2
years.
Not only this, there have been many security breach incidents that shook the world in recent years. Some of them are:

Target data breach:
There were times when consumers seldom thought about the security of their debit or credit cards. But it changed when Target reported that over 40
million credit and debit card numbers were stolen during holiday shopping
between November 27th and December 15th of 2013. The attack, which breached
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billion

Neiman Marcus:
A card hack at Neiman Marcus, an American luxury department store, where hackers gained access to credit and debit card
information of customers who shopped between July and October of 2013. At first
it was estimated over 1.1 million cards were compromised but later investigation
showed that maximum of 350,000 customers were affected. It was reported only the
in store payments data was breached. The hackers installed malicious software in
Neiman Marcus systems that collected the payment data and card details of
customers who shopped between those dates.

Michaels:
In January 2014, Michaels, one of the largest arts and crafts chain, reported a breach stating
nearly 2.6 million cards used in payments were possibly exposed between May 2013
and January 2014. Even though the names and addresses of cardholders and PINs of
ATMs were not exposed, the expiry dates were potentially compromised according
to Michaels.

JP Morgan Chase:
In 2014, JP Morgan Chase, an American multinational financial and banking services holding company Wholesale Carlo Pinsoglio Jersey , suffered a major data breach affecting over 70million individual customers and 7 million small businesses. According to
the bank, hackers were able to obtain personal information like customer name,
phone numbers and addresses and no sensitive information like bank account
number, Social Security numbers and passwords were
compromised.

Sony:
Hackers laid down Sony twice in 3 years. In 2011, the personal data of more than 100 million users of Sony Online entertainment
and PlayStation Network was stolen forcing Sony for a temporary shutdown of
their services. The company offered discounted pricing to keep their customer
base intact, which incurred a loss of about $1.7 billion. In 2014, hackers
leaked 5 unreleased movies online and social security numbers of some employees.
The hack compromised over 47,000 Social Security numbers, including other
personal information such as names, addresses and date of births.

There are many other organizations that had suffered data breaches Wholesale Blank Jersey , compromising thousands of customer’s data such as Sally Beauty, 11 Casinos, Albertsons & SuperValu, UPS, Goodwill, Home Depot, Kmart
and Bebe.
Despite all the devastating attacks that have been reported, IT professionals believe that most of the attacks are unreported and left buried.
It’s unlikely that any organization reports the data breach, as it will impact
the reputation of the company incurring further losses. But, hackers are getting
sophisticated Wholesale Blaise Matuidi Jersey , lurking in the shadows unnoticed, infiltrating the security systems over a period of time. Every single CIO and
CTO should have certain level of awareness on the security, the latest trends
and developments in Fraud Detection Systems and should make use of new
technologies like Big Data, Machine Learning and Predictive analytics for quick
detection and prevention of fraudulent activitiesin future.
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Posted 08 Nov 2017

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Posted 02 May 2018

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