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World Economy

Russia CB Hacked, $31m Stolen

Following a hack on its central bank, it would appear that Russia is now short about $31 million, DigitalTrends reported. On Friday, the financial institution announced that a breach resulted in the theft of 2 billion rubles ($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 five billion rubles. According to the latest reports, the hack was carried out using falsified client credentials.