In one of the ballsiest bank break - ins in recent memory , a team of hackers based in Eastern Europe do to collapse open Citigroup ’s monolithic memory of their customer ’ personal financial data point . Just by hacking Citi ’s client internet site .
The hacker separate in by impersonating legitimate credit card holder on the Citibank website :
Once inside , they leapfrog between the accounts of unlike Citi customers by inserting vari - ous account numbers into a chain of textual matter locate in the web browser ’s name and address bar . The hackers ’ code system automatically repeated this exercise X of K of time – allowing them to capture the confidential secret information .
As per usual , it ’s not clear just how much harm the cyberpunk did . Citi is resolute in state that the mess was “ rectified immediately . ” However , what is know is that the ill - get cite card information was most probably fill from one of the many illegal “ on-line bazaars ” that have grow in Eastern Europe . In hacker communities likeHackZone.ru , cyber criminals factor for stolen credit cards to buy merchandise and rakehell in profits . A Citi security expert even confirmed the rift uprise in the part .
The demand for steal credit card entropy is also on the rise , ensue in in thief getting bolder in the search for new accounts . Banks will have to improve their security practices , if only to keep up . [ NYT , Image via Shutterstock ]
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