Emmereetat June 14,2015 This kind of hacking into banks’ systems happens all the time and I do understand why they want to keep it a secret because it would definitely be bad for their reputation and make them lose more money as they already have through the hacking. Years ago I worked for Wachovia bank and on the day Wells Fargo announced acquiring them people went crazy coming to the bank and getting their money out, lines where out the door all day long. It was simply mind blowing for us employees to see that kind of behavior. However, about few weeks later after media had moved on to different subjects, most of the customers who had taken their funds out came and deposited them back. There are a lot of people out there who are very sensitive to this kind of negative information, especially when it comes to their money, and I actually do believe it is better for banks to just fix the damages done with individual customers being affected and not announcing it to everyone.
achanthaat July 01,2015 I agree with @jczarny. I think one of the most interesting parts of this video is them stating that the average cyber heist averages millions while a typical bank robbery averages thousands. I think there is just so much about the cyber crime community we don’t know about and it would be ignorant of us to underestimate a criminal’s abilities when it’s mixed with criminal intent and greed. Just like the video stated, we do not hear about these types of crimes because of how it can harm a company’s reputation – so it makes you wonder what else can be happening that we are unaware of. I think that If Alberto didn’t get greedy, he would probably be at large.
tlawlessat July 04,2015 I think the scale of "domestic" cyber crime is much larger than anybody realizes both in terms of frequency and cost to corporations (and eventually the people). This video is about one individual seemingly acting alone. How many more are out there, how many more millions of credit card numbers are being stolen each day? I agree that publicly outing all of these incidents would cause panic in the markets and greatly reduce consumer confidence. One thing is for sure though, corporations need to do a better job securing their networks and need to be held responsible for protecting the data of their customers.
428Mach1at July 06,2015 Tlawless has a valid concern about the scope of the problem AND the need to not "spook" the public. I have a neurotic neighbor who fears being hacked and any news of a successful hack fuels her fears. Gonzalez is one of the hackers behind the TJ Maxx hacking. Oh, he buried 1.1 milling in plastic bags in a 3 foot drum and buried that in the backyard of his parents` house - guess he didn`t trust banks or hackers (8-D
logybombat July 13,2015 I think the crimes get much more attention than the people actually doing the crimes. We will often hear that so and so corporation got hacked and lost millions in credit card data, but we never hear about the actual criminal responsible. I think the media wants to avoid creating "criminal celebrities" within cyberspace. It may even be a good idea. So many people are motivated by notorious criminals nowadays that it is very likely that publicizing hackers would only result in creating more hackers.