Hackers shut down the largest bank in Chile
Modern digital criminals have evolved so much in their own ability to hack into the most complex systems that now even banking systems are under threat. This simple truth was proven by the recent attack on one of the three largest banks in Chile. The largest digital raid on the well-known BancoEstado structure took place just yesterday. The break-in was so significant that the bank was forced to suspend its own work. Next, we will tell you how serious the threat of digital hacking is in 2020 and discuss the details of the attack that took place. So let’s get started.
Theoretical part
First of all, it is necessary to understand the details of the hacking of the Chilean Bank. In the country, the banking systems are divided among several monopolists, including BancoEstado. This and several other companies are responsible for providing transfers both to the country and from the state. However, even the leading positions in the state, government funding and high demand among the population do not protect BancoEstado from attacks by experienced hackers.
So far, unknown criminals have attacked the bank and forced the structure to stop its own work. An investigation is already underway, the hack was announced by BancoEstado themselves, who boldly published the details of the attack on their own Twitter account. Apparently, the consequences of the hacking need to be eliminated for a long time to finally return the company’s work to its usual course. At the moment, even the remote regional branches of the bank are not working. All due to the use of a ransomware virus. The dangerous program leaked into the banking system after a bank employee opened a regular Microsoft Word file. It is not yet known who is behind the sending of the infected document. But we are confident that police and digital security experts will identify the hackers.
Aftermath of a bank hack in Chile
Yes, you might think that Chile is a country with not the most advanced technologies, with its own problems and peculiarities. Therefore, American or Canadian companies will not start to worry. In fact, no one is protected from an attack of this level. If today it is enough to open an ordinary document to stop an entire financial structure, no one can speak with confidence about the security of their own users.
That is why we have no doubt that large monetary institutions will soon start implementing new security protocols. It is quite possible that the renovation will affect even the largest banks of the capitalist world. All private users should also exercise extreme caution on the Web today. We remind you that you can open emails with documents only from verified senders. And you can follow all the news of the cryptoindustry with us. We publish only high-quality and interesting material. Thanks for your attention. Good luck!
