Citibank Loses Millions Thanks to a Cyber Security Breach
Filed under: Other issues, Rumors, Citigroup Inc. (C)
The Wall Street Journal (subscription required) reports that the FBI is looking into a potential computer-security breach that resulted in the theft of tens of millions of dollars from Citibank by computer hackers.
These hackers appear to be linked to a Russian cyber gang who targeted Citigroup’s (C) Citibank subsidiary, including its North American retail bank and other businesses. This attack was detected over the summer, but there is a chance that it could have happened as much as a year earlier.
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