It just shows that there are some good guys around.
17 May 2016 Written by Lorenzo Franceschi-Bicchierai
Last year, during a cold, gray, late fall weekend in Sweden, security researcher Sathya Prakash found out that with just a few lines of code, he could steal money from any or all customers of one of India’s biggest banks—all because of the bank’s faulty mobile app.
Luckily for the bank, Prakash is a friendly “white hat” hacker who finds flaws to get them fixed. So, instead of taking advantage of a series of critical flaws in the app, he told Motherboard he immediately reached out to the bank to alert it of the issues and help fix them instead of trying to steal any of the $25 billion that the bank has in deposits.
“I could’ve done this with anybody’s account,” Prakash told Motherboard in a phone call, adding that all he needed was the victim’s account number.
Full Article
Good-Guy Hacker Finds Flaw that Could Have Drained $25B from an Indian Bank
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+54
Userlevel 7
Hats off to Sathya for doing the right thing, see.......there.e are good people out there
Userlevel 7
Nice to have a good news story for a change...about someone who can doing the right thing. There are not enough ethical hackers around (to give them their correct name) and thpse that are are under employed by the people who really need them.
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+62
Thanks Jasper! Great story!;)
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