Tag Archives: Postbank

Hackers snatch $6.7m in South African cyber bank robbery

Posted January 20, 2012 A mere three years after a South African bank spent $1.8 million on a new fraud-detection system, hackers managed to swindle $6.7 million out from under that system’s nose. Although customer funds are thought to be safe, would you actually trust your money to an institution vulnerable to getting hacked so […]

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