Skip to main content

Following a hack, Russia Central Bank loses $31 million

mexico voting breach hacking laptop passwords code
Image used with permission by copyright holder
Following a hack on its central bank, it would appear that Russia is now short about $31 million. On Friday, the financial institution announced that a breach resulted in the theft of 2 billion rubles, or $31 million, in the latest cyberattack to make headlines. This sum is actually less than the hackers’ initial goal, said Central bank official Artyom Sychoyov, who noted in a briefing that the criminals had initially hoped to make off with around 5 billion rubles (around $78 million).

According to the latest reports, the hack was carried out using falsified client credentials — the bank has provided little more information regarding the hackers’ methodologies. “We can’t say exactly when, but we can say today it was stolen,” Ekaterina Glebova, an official in the central bank’s press office, told The Wall Street Journal. As a result of the attack, Russia says that it is fortifying its defenses when it comes to cybersecurity.

This is by no means the first major financial institution to fall victim to such an attack. Since 2015, Ecuador, the Philippines, Bangladesh, and Vietnam have suffered similar breaches, and it would appear that the trend is only growing more rampant as hackers grow bolder (and security measures remain relatively stagnant). The International Monetary Fund has warned that these emerging-market economies are more at risk than ever due to problems with correspondent banking relationships.

Central bank has since contacted law enforcement officials, and has also passed along its recommendations to other banks in Russia. Moreover, Glebova added that the institution is setting up conversations with ministers and other organizations to ensure they are protected from any further potential attacks on Russia’s financial network. “We have to be ready,” Glebova said. It may just be the understatement of the century.

Editors' Recommendations

Lulu Chang
Former Digital Trends Contributor
Fascinated by the effects of technology on human interaction, Lulu believes that if her parents can use your new app…
‘Take this as a threat’ — Copilot is getting unhinged again
A screenshot of Copilot's unhinged responses on a screen.

The AI bots are going nuts again. Microsoft Copilot -- a rebranded version of Bing Chat -- is getting stuck in some old ways by providing strange, uncanny, and sometimes downright unsettling responses. And it all has to do with emojis.

A post on the ChatGPT subreddit is currently making the rounds with a specific prompt about emojis. The post itself, as well as the hundreds of comments below, show different variations of Copilot providing unhinged responses to the prompt. I assumed they were fake -- it wouldn't be the first time we've seen similar photos -- so imagine my surprise when the prompt produced similarly unsettling responses for me.

Read more
I tested the RTX 4070 against AMD’s new RX 7900 GRE — and it’s not pretty
Two RTX 4070 graphics cards sitting side by side.

AMD just released the best RDNA 3 graphics card we've seen yet in the form of the RX 7900 GRE. The GPU, originally released in China several months ago, sets its sights squarely on Nvidia's RTX 4070 -- and AMD comes out on top most of the time.

I've tested both GPUs extensively -- read my RTX 4070 review and RX 7900 GRE review for a full breakdown -- and I'm here to compare them point-for-point. AMD comes out on top for raw performance, but there are a couple of key details to keep in mind before making your final buying decision.
Pricing and availability

Read more
Best refurbished MacBook deals: Get a MacBook Air for $165 and more
A stack of MacBooks is pictured from the top down.

If you’re in search of some great Apple deals, or more specifically some of the best MacBook deals, one of the best places to look is the refurbished aisle. Shopping refurbished can save you a ton on a MacBook, and because of the quality of Apple laptops you know you’ll be getting a MacBook with a lot of life left in it. You’ll also get a MacBook backed by a warranty when you shop refurbished, so in many ways it’s similar to buying something brand new from Apple. There are quite a few refurbished MacBook deals taking place right now, and we’ve done the heavy lifting of tracking them down. Keep reading for the best refurbished MacBook deals and a little information on what each model has to offer.
MacBook Air 11.6-inch (2015) -- from $165

Once the latest MacBook Air but now eight years old and still competent, the MacBook Air 11.6-inch (2015) is a great starting point for anyone new to macOS or who just needs something financially on par with a Chromebook. It's a refurbished model but it comes with a one-year warranty so there's peace of mind here. It won't run the latest macOS unfortunately, but its Intel Core i5 processor, 4GB of memory and 128GB of SSD storage helps you perform the basics. It still has all the style of a MacBook so we're thinking this could be a good entry point as your child's first MacBook or if you want a project.

Read more