Over 100 banks hit by sophisticated cyberattack

A sophisticated global cyberattack struck more than 100 banks in 30 countries stealing hundreds of millions of dollars, The New York Times reported Saturday. Citing a soon to be released report from computer security company Kaspersky Lab, the newspaper said the attack involved malicious software that gave hackers long-term access to banking systems. The money was transferred to bank accounts around the world in small-value amounts to avoid detection.

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