Re: Hackers Hit South African Banks

["Dude VanWinkle" <dudevanwinkle () gmail com>]

On 7/4/06, Valdis.Kletnieks () vt edu <Valdis.Kletnieks () vt edu> wrote:
> On Tue, 04 Jul 2006 13:07:17 -0000, Fergie said:
> s have penetrated Internet banking facilities and hacked into
> > the accounts of clients of three major banks, a Cape Town newspaper
> > reports.
> >
> > Its website said fraudsters had in the past three months gained access
> > to the online accounts of clients from First National Bank, Standard
> > and Absa banks.
> >
> > They stole thousands of rands.
> >
> > The fraudsters had found a way of hacking into personal or business
> > accounts and then transferring money from these accounts to either
> > cellphone or Telkom prepaid accounts.
>
> Sounds to me like either a phish or the hackers found a weakness in the
> website such as a default PIN, and only had access to some accounts via
> the website.  If the actual systems had been breached, the total take
> should have been far higher....

Agreed

FYI: 1000 rand= 142.068 USD
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