FBI Says Russian Hackers Hit Citigroup for Tens of Millions
Dec 22nd 2009 9:27AM
Updated Dec 22nd 2009 12:37PM
The U.S. banking system may be at risk from these cyberattacks, but the financial system may not be their most important target, at least as far as the federal government is concerned. Last July, hackers, probably from North Korea, targeted government websites in the U.S. and South Korea. Computers at the Treasury Department and FTC were shut down briefly.
Programmers are becoming much more sophisticated at breaking into the servers and PCs that run major websites, including those run by the U.S. government. Anti-hacker software is supposed to be well-designed and highly effective, but it appears that is not always the case.
The government and businesses with sensitive information, including banks and defense contractors, are likely to be subject to more and more of these breaches, and there isn't much evidence to show that all of them can be stopped.
Douglas A. McIntyre is an editor at 24/7 Wall St.