Hackers Stole Millions of Dollars From Mexican Banks by Creating Phantom Orders, Wiring Funds to Fake Accounts
Redacción.- Hackers stole hundreds of millions of pesos out of Mexican banks, including Mexico’s second largest bank, Banorte, by creating phantom orders that wired funds to fake accounts and promptly withdrew the money, sources close to a government investigation said. The hackers sent hundreds of false orders ranging from tens of thousands to hundreds of thousands of pesos from Mexican banks to fake bank accounts in other banks, with one source pegging the total stolen at 300 million pesos or around $15.4 million and other sources suggesting the total stolen is more than that.
Lorenza Martinez, director general of the corporate payments and services system at Mexico’s central bank’s Interbank Electronic Payments System, said that five institutions saw “unauthorized transfers.”
The attacks were carried out in April and May.
Mexico's Central Bank Says No Client Money Lost, But Activates Contingency Plans.
Mexico's central bank says "operational incidents" last week appear to have been the work of hackers attempting to mess with banks' real-time payment transfers. While an investigation continues into the incidents, the central bank says it's instructed the three banks to use contingency plans, including alternate connection arrangements, and warned that the banks' payment transfers might slow as a result.