Describe the security vulnerabilities exploited by hackers


Assignment:

Describe the security vulnerabilities exploited by the hackers?

‘21st century bank heist' was one of the biggest bank robbery that was demonstrated by a group of hackers, and a global network of cyber criminals operating more than 26 countries stole $45 million by hacking into a database of prepaid debit cards. Hackers got into bank databases, and eliminated withdrawal limits on all available prepaid debit cards and created access codes then loaded that data onto a plastic card (an old hotel's key card or expired credit card) with a magnetic stripe to that particular card and card now ready to work as long as the card carried the account data and correct access codes.

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Computer Network Security: Describe the security vulnerabilities exploited by hackers
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