Hackers infiltrated bank systems and stole 10 billion VND.

On July 1st, the Ho Chi Minh City Police Investigation Agency initiated a criminal case and indicted Duong Minh Tam (27 years old, residing in Tan Binh district) for the crime of using computer networks, telecommunication networks, and electronic means to commit acts of property appropriation.

Hacker Tâm infiltrated the banking system and stole 10 billion VND. (Illustrative image)

The investigation revealed that on June 21, the Ho Chi Minh City Police received a crime report from a bank alleging that Tam had illegally accessed the bank's financial information system to steal assets.

Following the investigation, on June 21st, the Ho Chi Minh City Police Investigation Agency arrested Duong Minh Tam and searched his house.

Initially, investigators determined that on November 23, 2022, Tam opened a payment account at the aforementioned bank. On May 23, Tam registered an account through the bank's mobile application. Subsequently, Tam opened an online savings account on the application with a value of one million dong.

According to the bank's regulations, Tam was allowed to pledge her savings passbook to borrow online through the app, with a maximum amount of 85% of the passbook's value, but not exceeding 2 billion VND per loan. With a one million VND savings passbook as collateral, Tam could only borrow a maximum of 850,000 VND.

However, Tam illegally interfered with the bank's financial information system, altering the order code for the collateral asset, a savings account worth one million dong, to over 51 billion dong.

Between May 23rd and June 9th, Tam made seven withdrawals from the aforementioned banking system, transferring the money to his own account and misappropriating 10 billion VND. Tam then withdrew 6.5 billion VND for personal expenses, debt repayment, and cryptocurrency purchases; the remaining amount, which had not yet been withdrawn, was discovered by the bank, leading to the freezing of his account.

(Source: Zing News)

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Source: https://vtc.vn/hacker-xam-nhap-he-thong-ngan-hang-chiem-doat-10-ty-dong-ar803442.html