News / USA

    Napolitano: ATM Heist Shows Scope of Cybercrime

    U.S. Homeland Security Secretary Janet Napolitano takes reporters' questions at Reuters Cybersecurity Summit, Washington, May 14, 2013.
    U.S. Homeland Security Secretary Janet Napolitano takes reporters' questions at Reuters Cybersecurity Summit, Washington, May 14, 2013.
    Reuters
    A global ATM heist targeting two Middle Eastern banks that came to light last week is an example of how easily financial crimes can be committed and coordinated in cyberspace, U.S. Homeland Security Secretary Janet Napolitano said on Tuesday.
     
    "It demonstrates the kind and scope of financial crimes that are enabled in a network-connected world, particularly by those who have some skill although not necessarily the highest level of skill, quite frankly, but who can coordinate timing and the like," Napolitano told the Reuters Cybersecurity Summit in Washington.
     
    Hackers in December stole a combined $45 million from two banks through coordinated ATM withdrawals around the world. They broke into two unnamed bank card processing companies, raised the balances and withdrawal limits on accounts, then withdrew the money.
     
    The prosecutors did not name the two companies but said one was based in India and the other in the United States.
     
    Napolitano, who declined to discuss details of the investigation, said the growing number of cyberattacks on banks has resulted in a closer relationship between the government and financial institutions to tackle potential threats.
     
    "There is urgency and this is a big problem and legislation certainly would assist us in our efforts," she said, referring to cybersecurity legislation that has been mired in a divided Congress.
     
    Napolitano said the legislation, the Cyber Intelligence Sharing and Protection Act, was vital to improve the flow of information in real time to help ensure companies know about possible cyberthreats.
     
    The House of Representatives easily passed CISPA legislation on April 18, with majority Republicans getting some support from Democrats.
     
    She said she hoped the Senate and the House could come together to agree on legislation to improve cyber sharing that is supported by the White House. She said officials were working on it behind the scenes.
     
    While proposed legislation failed to get through the Senate last year, Napolitano said lawmakers had made some progress since then.
     
    "One of the things that happened last year was the education of many members about this field. They didn't know very much, to be truthful," she said.
     
    More congressional hearings on the issue are likely this summer, Napolitano said, but timing for action on the legislation is uncertain. "It's Congress, and they have their own measure of time," she added.
     
    Napolitano also said the government was studying ways to use its purchasing power to induce software makers to sell more secure products.
     
    "What we are looking at is what kind of incentives could be used to attract companies to use best practices, including in the software arena, and whether there could be procurement preferences," she said.

    You May Like

    Multimedia US Observes Memorial Day With Wreath-laying, National Concert

    Obama lays a wreath at the Tomb of the Unknown Soldier in Arlington Cemetery

    The Strife of the Party: Will Trump Permanently Alter Republicans?

    While billionaire mogul's no-holds-barred style, high-energy delivery are what rocketed him to nomination, they also have created rift between party elites and his supporters

    China's Education Reforms Spark Protest

    Beijing is putting a quota system in place to increase the number of students from poor regions attending universities

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    Chinese-Americans Heart Trump, Bucking National Trendi
    X
    May 27, 2016 5:57 AM
    A new study conducted by three Asian-American organizations shows there are three times as many Democrats as there are Republicans among Asian-American voters, and they favor Hillary Clinton over Donald Trump. But one group, called Chinese-Americans For Trump, is going against the tide and strongly supports the business tycoon. VOA’s Elizabeth Lee caught up with them at a Trump rally and reports from Anaheim, California.
    Video

    Video Chinese-Americans Heart Trump, Bucking National Trend

    A new study conducted by three Asian-American organizations shows there are three times as many Democrats as there are Republicans among Asian-American voters, and they favor Hillary Clinton over Donald Trump. But one group, called Chinese-Americans For Trump, is going against the tide and strongly supports the business tycoon. VOA’s Elizabeth Lee caught up with them at a Trump rally and reports from Anaheim, California.
    Video

    Video Reactions to Trump's Success Polarized Abroad

    What seemed impossible less than a year ago is now almost a certainty. New York real estate mogul Donald Trump has won the number of delegates needed to secure the Republican presidential nomination. The prospect has sparked as much controversy abroad as it has in the United States. Zlatica Hoke has more.
    Video

    Video Drawings by Children in Hiroshima Show Hope and Peace

    On Friday, President Barack Obama will visit Hiroshima, Japan, the first American president to do so while in office. In August 1945, the United States dropped an atomic bomb on the city to force Japan's surrender in World War II. Although their city lay in ruins, some Hiroshima schoolchildren drew pictures of hope and peace. The former students and their drawings are now part of a documentary called “Pictures from a Hiroshima Schoolyard.” VOA's Deborah Block has the story.
    Video

    Video Vietnamese Rapper Performs for Obama

    A prominent young Vietnamese artist told President Obama said she faced roadblocks as a woman rapper, and asked the president about government support for the arts. He asked her to rap, and he even offered to provide a base beat for her. Watch what happened.
    Video

    Video Roots Run Deep for Tunisia's Dwindling Jewish Community

    This week, hundreds of Jewish pilgrims are defying terrorist threats to celebrate an ancient religious festival on the Tunisian island of Djerba. The festivities cast a spotlight on North Africa's once-vibrant Jewish population that has all but died out in recent decades. Despite rising threats of militant Islam and the country's battered economy, one of the Arab world's last Jewish communities is staying put and nurturing a new generation. VOA’s Lisa Bryant reports.
    Video

    Video Meet Your New Co-Worker: The Robot

    Increasing numbers of robots are joining the workforce, as companies scale back and more processes become automated. The latest robots are flexible and collaborative, built to work alongside humans as opposed to replacing them. VOA’s Tina Trinh looks at the next generation of automated employees helping out their human colleagues.
    Video

    Video Wheelchair Technology in Tune With Times

    Technologies for the disabled, including wheelchair technology, are advancing just as quickly as everything else in the digital age. Two new advances in wheelchairs offer improved control and a more comfortable fit. VOA's George Putic reports.
    Video

    Video Baby Boxes Offer Safe Haven for Unwanted Children

    No one knows exactly how many babies are abandoned worldwide each year. The statistic is a difficult one to determine because it is illegal in most places. Therefore unwanted babies are often hidden and left to die. But as Erika Celeste reports from Woodburn, Indiana, a new program hopes to make surrendering infants safer for everyone.
    Video

    Video California Celebration Showcases Local Wines, Balloons

    Communities in the U.S. often hold festivals to show what makes them special. In California, for example, farmers near Fresno celebrate their figs and those around Gilmore showcase their garlic. Mike O'Sullivan reports that the wine-producing region of Temecula offers local vintages in an annual festival where rides on hot-air balloons add to the excitement.
    Video

    Video US Elementary School Offers Living Science Lessons

    Zero is not a good score on a test at school. But Discovery Elementary is proud of its “net zero” rating. Net zero describes a building in which the amount of energy provided by on-site renewable sources equals the amount of energy the building uses. As Faiza Elmasry tells us, the innovative features in the building turn the school into a teaching tool, where kids can't help but learn about science and sustainability. Faith Lapidus narrates.

    Special Report

    Adrift The Invisible African Diaspora