Thursday morning, security vendor Kaspersky Lab warned that a massive cyberattack hit five of Russia’s largest banks. Kaspersky said in a statement that the distributed denial of service attacks (DDoS) began Tuesday at 1830 IST and targeted “the websites of at least five well-known financial institutions in the top 10” in Russia.Most people don't understand that interfacing their home appliances with their phone via the internet is not a risk-free procedure. More re Internet of Things.
It remains unclear who launched the bank cyberattacks, which are reportedly ongoing. Kaspersky said the attack on Russia’s banking system is apparently being launched by a network of more than 24,000 hacked Internet of Things (IoT) devices, and that more than half of the hacked things were in the United States, India, Taiwan and Israel.
01 December 2016
Your home security camera may be attacking a Russian bank
As reported by Krebs on Security: