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Title: We are not alone...(Citibank hack losses) Post by: kiko on June 25, 2011, 03:42:01 PM Losses from Citibank publicly acknowledged.
http://www.bloomberg.com/news/2011-06-24/citigroup-says-hackers-caused-2-7-million-of-losses-on-customers-cards.html (http://www.bloomberg.com/news/2011-06-24/citigroup-says-hackers-caused-2-7-million-of-losses-on-customers-cards.html) What I don't get is how this is news, credit card fraud is a billion dollar industry; why all the fuss over $2.7million? Title: Re: We are not alone...(Citibank hack losses) Post by: GimEEE on June 25, 2011, 03:48:40 PM that's just play money though, not the real stuff.
Title: Re: We are not alone...(Citibank hack losses) Post by: DJcoins on June 25, 2011, 03:48:59 PM Quote The customers will be reimbursed, Sean Kevelighan, a spokesman for the New York-based bank, said in a phone interview today. It’s the first public acknowledgement by Citigroup that the incident resulted in any financial losses. Title: Re: We are not alone...(Citibank hack losses) Post by: x0Jakeyboy0x on June 25, 2011, 03:49:25 PM Losses from Citibank publicly acknowledged. http://www.bloomberg.com/news/2011-06-24/citigroup-says-hackers-caused-2-7-million-of-losses-on-customers-cards.html (http://www.bloomberg.com/news/2011-06-24/citigroup-says-hackers-caused-2-7-million-of-losses-on-customers-cards.html) What I don't get is how this is news, credit card fraud is a billion dollar industry; why all the fuss over $2.7million? A million here a million there, it adds up. Most likely it's news because "Hackers" were involved. Media likes that type of thing. Title: Re: We are not alone...(Citibank hack losses) Post by: ghyze on June 25, 2011, 03:58:02 PM This is news because it helps setting up an Internet kill switch.
"Hackers hacked a bank! Next time they will hack a powerplant! We need to be able to shut down the Internet!" Title: Re: We are not alone...(Citibank hack losses) Post by: kiko on June 25, 2011, 04:09:14 PM This is news because it helps setting up an Internet kill switch. "Hackers hacked a bank! Next time they will hack a powerplant! We need to be able to shut down the Internet!" I think you nailed it. |