How do Hackers Hack Banks And Never Get Caught?

84

How do Hackers Hack Banks?

You would think that hacking a bank would be difficult, while in fact there are thousands of attacks on personal and corporate accounts daily you have to remember that systems are made of to main elements, people, and frameworks.

You can easily access one if you know the other very well.

Here are some of the most common attacks from hackers.

  • By far the easiest and most straight forward method is to impersonate someone important in the organization (that everyone knows about), send an email to a member of staff to ask for an urgent money transfer. You get bonus points if the email address looks genuine. This type of hacking is somewhat unsophisticated but it has somewhat decent results.
  • All organizations require IT employees and banks are no different. Hackers can get an IT job within the bank to obtain vital access and perform hacks using the access they’ve been given. This is believed to be the method of attack for the SWIFT hacks that was reported recently.
  • Finally, banks have plenty of badly written code that can be easily exploited, especially these days banks are mostly online based and use a lot of APIs.

How do Hackers Hack Banks And Never Get Caught?

This is a very broad question to answer since big hacks usually get caught and the main reason is that banks are not unpenetrable systems but they do have a very good tracking system so when you start to switch numbers from on account to another they can trance all the details of the movements from the start to where the money ends especially if they big sums.

But some smart hackers do try to make the effort of catching them more expensive than what they actually took this way the banks won’t go any further in pursuit of them since the cost is higher than the benefit.

It’s kind of what for did with law suite case about one of their cars exploiting, they run the numbers and it was more profitable keep selling the carn and paying settlements than actually taken the car out of production for safety reasons. Check the article by clicking the link.

So just think about it in reverse. if you hack a US bank from abroad and the legal system is way more expensive than the money the hacker took it’s not worth the bank’s time.

Here are some examples of Hackers that played the system.

Hackers, will they hack your emails, phone camera, bank account, 50 million Facebook users, data taken over during a cyber attack.

An online security breach is not a new term in recent years as hackers can break into everything from your Gmail account and your phone camera to election results.

As the world is getting increasingly digital, everything becomes more accessible to hackers.

So as long as the Internet is a thing, hackers are here to stay.

But some of them outshine others by applying their skills in the most surprising ways.

In this video, we will explore the most extreme hackers and their stories, which we assure you will make you rethink the idea of using the same password for several different accounts.

Here we have 10 crazy hackers that played the system.

Disclaimer many of them got caught but not because of the money because of the feat they pulled off. so the government tried everything to get them and also set them as an example for future hacker attacks.

Kevin Poulsen.

as harmless as he looks. This is Kevin Poulsen, one of the most notorious hackers in USA history.

He, under the alias Dark Dontae, raised some inferno back in his peak days.

Paulson became notorious back in the 1990s after hacking telephone company computers in order to manipulate the phone lines leading to Los Angeles radio stations so he could be the winning caller in phone in radio contests.

Among the prizes that he got himself this way, where 20000 thousand dollars in cash and a Porsche, nine forty four as to Cabriolet.

But it’s the hacking into the federal investigation database that really got him into trouble.

He attracted the authorities attention and had to go into hiding for 18 months, after which he got arrested and was sentenced to five years in prison. At the time, the longest U.S. sentencing for hacking

George Hotz.

George Hotz, also known as Geohot, started building his reputation as a serious hacker.

He became the first reported person in history to be able to say this.

This is the world’s first online guy.

This event was so huge that George Hotz was contacted by a millionaire and given an offer that he simply couldn’t refuse to trade an unlocked iPhone for three new iPhones and a Nissan fifty at the time to buy a new car like this, you must have had a spare twenty-eight thousand dollars lying around or an unlocked iPhone.

And this was only the start for HODs because in the following years he hacked the Sony PlayStation three and got in legal trouble for doing it and sued by Sony.

And in 2015, he picked yet another fight, this time with the man himself, Elon Musk.

Potts was offered a position with a multimillion-dollar business to develop autopilot software, but he declined.

Instead, Potts tried achieving this ambition himself. Number eight, Jonathan James.

Some 15-year-olds play fortnight in their free time, while others hack into NASA and the Pentagon just because.

Why not? This was the case for Jonathan James, who went under the name comrade.

He was the first juvenile in the USA to be sentenced for computer hacking back in 2000.

James intruded on government systems and obtained the source code for the International Space Station.

This means he got access to the software, which was responsible for controlling the physical environment of the station.

Once NASA detected the intrusion, they had to shut down their computers for three weeks in order to fix the system.

Even though James didn’t get away with it. One can say that he did them a favor because he revealed huge security flaws.

As he explained it, they lack some serious computer security and the hard part is learning it.

You can’t say that he’s wrong since he did all this by using only an old school Pentium computer

Kevin Mitnick

from the way this guy looks, it’s almost impolite to say that he’s the most wanted computer criminal in United States history, as the U.S. Department of Justice once called him.

Kevin Mitnick’s skills were visible from a very young age.

At age 13, his entertainment was hacking into phone systems.

Little did he know that some years later he would receive a five-year prison sentence.

With eight months in a confinement cell, law enforcement officers were so afraid of his hacking skills that during his trial the judge was told that he could start a nuclear war by whistling into a payphone.

Mitnick built such a reputation by breaking into the networks of companies like IBM, Nokia, and Motorola.

But today, Mitnick is free and no longer feared by these companies.

In fact, chances are they are now his clients because he reinvented himself by switching sides.

He’s also written several books about his wild online days.

He is no longer a security breaking intruder, but a white hat hacker who helps companies to solve their security issues.

Gary McKinnon

Xbox Underground gamers will understand when the game’s good.

You just have to explore every map and every level of it and then hack into the systems of the company that developed the game, right? Well, that’s what an international hacker group, the Xbox Underground, did.

Not only did they intrude on systems of such companies as Activision Valve or Epic Games, they reportedly broke into Microsoft’s network and stole secret credentials so they could physically walk into the Microsoft headquarters in Redmond, USA.

They got into this place and took three not yet released versions of the Xbox One console with them as they themselves explained they were driven by a strong curiosity.

Gary McKinnon, a Scottish hacker who raised havoc under the name of Solo, will not be forgiven any time soon by NASA working as a system administrator by day and a hacker at night.

Solo was accused of hacking into 97 NASA computers in the early 2000s.

Not only did he hack into them, but he also found and allegedly deleted critically important data and other files that were stored on these computers.

Your security system is crap.

I am solo.

I will continue to disrupt at the highest levels was the message that the hacker left.

Yet once he was caught, he was accused of causing 700000 dollars worth of damage.

But Gary McKinnon is famous not only for that. Allegedly what he found in those computers consisted of top secret information about UFO cover ups and similar government secrets.

He managed to reveal all of these while hacking from his girlfriend’s aunt’s house.

Eugenio Ochoa.

This is something other than what you might think. It’s the signature of that Taxin hacker.

He, Genea Ochoa, under the nickname of Wormer, would leave behind him in systems that he hacked into.

Ironically, the same picture would eventually become his own downfall. Wormer and his hacker buddies formed a group called Cabin Crew.

Together, they hacked into the police and other U.S. law enforcement agencies, online databases where they gained access to secret information one time after hacking into a certain database and leaving behind the signature bikini picture, the FBI saw it as an opportunity to capture him.

They tracked down the GPS coordinates from the very same bikini photo.

It led to Warner’s girlfriend’s house, and it served as evidence against the hacker and his trial. Three years in prison was not enough to punish him.

His parole agreement includes a prohibition for him from connecting to the Internet.

So that’s how he lives today offline.

That must be rather bizarre because that still doesn’t stop him from working as a programmer.

John Crysler

fingerprints, a feature that makes each one of us unique since even identical twins have different fingerprints.

Yet this German hacker, John Crysler, also known as the Star Bug, decided to prove that it’s not that difficult to get a hold of someone else’s fingerprints and not just anyone else’s, but the fingerprints of the German defense minister.

He found some high-resolution photos online which were enough for him to be able to successfully recreate her fingerprints.

Not only that, in 2013, when the iPhone five s was released, Starbuck defeated Apple’s thumbprint verification system within twenty-four hours of the release.

John Cain

while most hackers can Press their computer keyboards faster than Beethoven could play his piano.

Other hackers indeed play the piano faster than they press their computer keyboards.

One such was John Kane, a pianist who, after having discovered a minor glitch in a video poker machine.

The game king in Las Vegas made sure not to miss the opportunity, together with his friend Andre Nestore.

They exploited this glitch and made half a million dollars.

Also, they got into big legal trouble.

All these guys did is simply push a sequence of buttons that they were legally entitled to push, their lawyer argued.

And they won the case number one seven chinwag hackers.

Obviously, hackers can be dangerous, but some of them can be literally dangerous as they are able to inflict physical damage to their victims.

The first computer attack of this kind happened back in 2008 when a group of anonymous hackers hacked into the website of the Epilepsy Foundation of America.

where they spammed the support forum with numerous flashing animated GIFs, keeping in mind that people with epilepsy are very sensitive to bright imagery.

This attack caused users to get a headache and even have seizures.

The attack was planned on seven Channe Dawg, a website that is known to be a fortress for these kinds of hackers.

Even though all these hackers indeed sound menacing, it’s important to remember that most of them have either been stopped or switched sides, meaning that they are applying their genius to track and stop other criminal activity.

Therefore, as long as your password is more difficult than something like this, you should be fine.

Hope you enjoyed this content and if you are interest you should check out our other articles.

Make Your Laptop Secure Non-Tech People

Best Computers For Hacking (Most Used CPU By Hackers)

Marco Ballesteros

I'm passionate about everything tech but lack the technical knowledge to be a coder or developer. But I have learned how to work around that issue hope you enjoy all the content I have created to help you.

Recent Posts

Pin It on Pinterest