CHINA TOPIX

Hackers Steal US$1 Billion From European, US Banks

Marcel Woo   |

Feb 16, 2015 05:55 AM EST

More than 100 banks and other financial institutions in the US, Europe and 30 other countries have lost an estimated US$1 billion to a hacking ring that operates from Russia, China and Europe, cyber security firm Kaspersky Laboratory said.