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Notorious cyber crime gang behind global bank hacking spree returns with new attacks

A notorious hacking group that targets financial organisations and is thought to be the perpetrator of cyber attacks against the SWIFT banking network and ATM systems has launched a new campaign targeting employees of two banks. The Cobalt cyber crime gang is suspected of striking banks in more than 40 countries and potentially making as much as €10 million per heist. It’s estimated the attacks have caused over €1bn in damages. [1]

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