Operation High Roller

Overview
Operation High Roller was a 2012 cyberattack against high-value commercial bank accounts, rich individuals, credit unions and large global banks and regional banks. It was reported that the attack siphoned around $78 million to $2.5 billion from bank accounts in Europe, the U.S. and Latin America. The attack located a victim's highest value account and transferred money to a prepaid debit card (which can be cashed in anonymously). The target's bank statement was then altered to hide the theft.

Source

 * Cyber-crime, Securities Markets, and Systemic Risk, at 7.

External reading

 * Joseph Menn, "New Bank theft software hits three continents: researchers," Reuters (June 26 2012).
 * Michael Kelly, "Operation High Roller," Business Insider (June 28 2012).