3min chapter

Malicious Life cover image

The Real Story of Citibank’s $10M Hack

Malicious Life

CHAPTER

Unauthorized Access and the Citibank Bulletin Board System

This chapter discusses the vulnerabilities and unauthorized access caused by the creation of a Bulletin Board System (BBS) at Citibank, including the ease of gaining administrator passwords and the lack of seriousness in addressing the security of this resource. It also explores the collision of two hackers on the exposed BBS and emphasizes the importance of preventing ransomware attacks in organizations.

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