Tag: service provider flaw
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Hackers Exploited Service Provider Flaw in €30M Commerzbank Heist
In a massive €30M heist, hackers exploited a vulnerability in a service provider's software, making unauthorized direct debits from Commerzbank customer accounts in 2023, but fortunately, no customers suffered financial losses. The incident highlights the risks of relying on third-party services and the importance of robust security measures.