Jorge Sebastiao
Largest
Financial
CyberHeists
They want your Cash $$$
Complexity is a Threat…
High Risk Appetite?
Organized Cyber Crime
Sophisticated Cyber Attacks
Org. Crime Credit Cards for
Sale
Crime as a Service
3.0
2003 Bagdad $1Billion
$1Billion = 10 Tons
2007 Bagdad $282
Million
Largest Cyber Bank Attack
• Dry-run $5 M
• 11 Credit Cards
• Compromised Outsourcing
• Security Maturity
• Lack of 24x7 fa...
Largest Bank Attack-1
Largest Bank Attack-2
Largest Bank Attack-3
Largest POS Attack
40+Million cards Exposed
Using USB to attack ATMs
Blurred Lines
Connecting the …
Bitcoin MtGox
$350M
MtGox…Crisis
Strategy
Effective Countermeasures
Increase your
Agility…P>D+R
Big Data Cyber
Analytics
Proper Security Metrics
Align Infosec to your
business
Don’t forget Attention to detail
Sharing Cyber Attack
Knowledge
Simplify it works…
“Security is
a continuous
skilled
process… which
requires thought
and attention to
detail…”…
http://linkedin.com/in/sebast...
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Largest financial cyber heists...

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Overview of largest information banking cyber heists in recent times.

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Largest financial cyber heists...

  1. 1. Jorge Sebastiao Largest Financial CyberHeists
  2. 2. They want your Cash $$$
  3. 3. Complexity is a Threat…
  4. 4. High Risk Appetite?
  5. 5. Organized Cyber Crime
  6. 6. Sophisticated Cyber Attacks
  7. 7. Org. Crime Credit Cards for Sale
  8. 8. Crime as a Service 3.0
  9. 9. 2003 Bagdad $1Billion
  10. 10. $1Billion = 10 Tons
  11. 11. 2007 Bagdad $282 Million
  12. 12. Largest Cyber Bank Attack • Dry-run $5 M • 11 Credit Cards • Compromised Outsourcing • Security Maturity • Lack of 24x7 failsafe monitoring • Time of Detection & Response • Impact $40 M, Total $45M
  13. 13. Largest Bank Attack-1
  14. 14. Largest Bank Attack-2
  15. 15. Largest Bank Attack-3
  16. 16. Largest POS Attack 40+Million cards Exposed
  17. 17. Using USB to attack ATMs
  18. 18. Blurred Lines
  19. 19. Connecting the …
  20. 20. Bitcoin MtGox $350M
  21. 21. MtGox…Crisis Strategy
  22. 22. Effective Countermeasures
  23. 23. Increase your Agility…P>D+R
  24. 24. Big Data Cyber Analytics
  25. 25. Proper Security Metrics
  26. 26. Align Infosec to your business
  27. 27. Don’t forget Attention to detail
  28. 28. Sharing Cyber Attack Knowledge
  29. 29. Simplify it works…
  30. 30. “Security is a continuous skilled process… which requires thought and attention to detail…”… http://linkedin.com/in/sebastiao

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