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$1 billion Euro was stolen by a single gang from ATM's last year. https://www.europol.europa.eu/newsroom/news/mastermind-behind-eur-1-billion-cyber-bank-robber

$1 billion Euro was stolen by a single gang from ATM's last year. https://www.europol.europa.eu/newsroom/news/mastermind-behind-eur-1-billion-cyber-bank-robbery-arrested-in-spain https://www.europol.europa.eu/newsroom/news/mastermind-behin... $1 Billion stolen from a Bangladeshi Bank https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery https://en.wikipedia.org/wiki/Bangladesh_Bank_robbery MoneyTaker operated silently for years without being caught stealing millions from US and Russian banks. https://www.reuters.com/article/us-cyber-banks-atm/hackers-hit-u-s-russian-banks-in-atm-robbery-scam-report-idUSKBN1E51SZ https://www.reuters.com/article/us-cyber-banks-atm/hackers-h... Conflating physical bank heists made by desperate people and sophisticated cybercrime is disingenuous.

ceejayoz 7y ago
> $1 Billion stolen from a Bangladeshi Bank No. Most of it never went out, and much of what did was recovered. "The Federal Reserve Bank of New York blocked the remaining thirty transactions, amounting to $850 million, due to suspicions raised by a misspelled instruction. All the money transferred to Sri Lanka has since been recovered. However, as of 2018 only around $18 million of the $81 million transferred to the Philippines has been recovered."