Hackers Net Almost $1m in Russian Bank Raid

A notorious hacking gang has struck again, stealing almost £700,000 ($910,000) from a Russian bank, reports a cyber-security company.

Group-IB was called in to help Russia's PIR Bank after it noticed the theft, said the firm.

The raid is believed to have been carried out by the MoneyTaker gang which has hit other financial firms.

In 2017 it was suspected of stealing nearly £7.5m ($10m) from Russian, British and American companies.

In its report, Group-IB said the cash was taken in a series of transfers on 3 July via a computer at the bank to which the gang had obtained access.

Staff at PIR were able to stop some of the transfers, said Group-IB, but the gang's swift action to "cash out" using paid helpers or "mules" at ATMs stopped the bank recovering much of it.