FBI Investigates Hacking Attack Against Citibank

According to the US government officials, the Federal Bureau of Investigation (FBI) is trying to find out the details of a computer hack in Citigroup Inc. The hack reportedly enabled attackers to steal a massive sum of dollars. These hackers may have a connection with a cyber syndicate in Russia, officials say.

The security infringement against the leading American bank was spotted during mid-2009. The detection occurred with the help of Internet addresses formerly used by the Russian Business Network syndicate, as reported by The Wall Street Journal on December 22, 2009. The RBN is a long-known gang that involved in hacking, malicious software, spam and child pornography.

The reports state that the attack targeted the Citibank subsidiary of Citigroup. This subsidiary includes the group's North American retail bank as well as other businesses. However, it wasn't clear if the thieves were able to access Citibank's computers directly or via intermediary (third) parties. Further, it couldn't be learnt if the money's recovery was made possible.

The attack emphasizes that criminals and threats against national security are becoming synonymous in cyber space. Meanwhile, the attackers aimed at two other targets, one definitely a US government organization, stated people who knew about the Citibank attack.

Moreover, it wasn't clear from the report as to who owned the stolen money. However, it was evident that software named Black Energy, which a hacker from Russia designed, was used as a tool to execute the attack. The Black Energy also helps to command and control botnets i.e. huge networks of infected computers that disable target websites and make them inaccessible.

According to security officials, the issue could be even more dangerous in that besides siphoning money, the attackers could modify or erase the bank's data.

Nevertheless, Joe Petro, Managing Director of the Security and Investigative services, Citigroup, said that the attack caused no system breach or loss of data to the bank and customers. According to him, it wasn't true that the FBI was probing a Citigroup case involving 'massive' losses, as reported by FOX NEWS on December 22, 2009.

Related article: FBI’s ICCC Annual Report Discusses Fraudulent and Non-Fraudulent Complaints

» SPAMfighter News - 1/1/2010