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The hacker group is said to have stolen over 900 million dollars from the banks as well as money from over a thousand private customers. [citation needed] The criminals were able to manipulate their access to the respective banking networks in order to steal the money in a variety of ways.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
In the infancy of the hacker subculture and the computer underground, [3] criminal convictions were rare because there was an informal code of ethics that was followed by white hat hackers. [4] Proponents of hacking claim to be motivated by artistic and political ends, but are often unconcerned about the use of criminal means to achieve them. [ 5 ]
Initially, the central bank was not sure if its system had been breached, but cyber security experts brought in to investigate found hacker "footprints" that suggested the system had been ...
The Inspection Panel is an independent accountability mechanism of the World Bank. It was established in September 1993 by the World Bank Board of Directors, and started operations on August 1, 1994. The Panel provides a forum for people who believe that they may be adversely affected by Bank-financed operations to bring their concerns to the ...
World Bank Projects Leave Trail of Misery Around Globe. Evicted & Abandoned. Inside The World Bank’s Broken Promise To Protect The Poor. Ethiopia. New Evidence Ties World Bank to Human Rights Abuses in Ethiopia. Peru. How The World Bank Is Financing Environmental Destruction. India. A Power Plant Backed By The World Bank Group Threatens A Way ...
Information theft is far from a novel issue. Since the internet exploded in the early 2000s, hackers have taken advantage of security loopholes to infiltrate devices and siphon vital information ...
While individual components of the attack may not be considered particularly "advanced" (e.g. malware components generated from commonly available do-it-yourself malware construction kits, or the use of easily procured exploit materials), their operators can typically access and develop more advanced tools as required. They often combine ...