Report: Hackers stole millions from banks

A Russian-speaking gang of computer criminals has stolen millions of dollars since late 2013 from banks in Russia, Eastern Europe and the U.S., according to a report from Kaspersky Lab ZAO, a Russian computer-security firm.

The report did not state how many, or which, banks were hit. Kaspersky estimates cumulative losses could reach $1 billion.

According to the Wall Street Journal, the report illustrates the evolution of organized crime in the computer age. Hackers reportedly captured video of how bank employees used bank computers to mimic their actions and access bank systems. The criminals were able to control ATMs to dispense cash when they walked by and also move funds from one account to another, seemingly without notice.

Read more from the Wall Street Journal.