How common is unauthorized system entry?
According to a source in Great Britain, terrorists have gained at least up to 400 million pounds from 1993 to 1995 by threatening institutions. Over the three years, there were 40 reported threats made to banks in the U.S. and Britain. In January of 1993, three separate incidents took place in London. During the sixth, a brokerage house paid out 10 million pounds after receiving a threat and one of their machines crashed. On the fourteenth incident, a blue-chip bank paid blackmailers 12.5 million pounds after receiving threats. Another brokerage house paid out 10 million pounds on the twenty-ninth incident. Some terrorists just take money, rather than resorting to blackmail. A Russian hacker, for example, tapped into Citibank’s funds transfer system and took $10 million.
