Russian IT security company Kaspersky Labs warns that the infamous Silence Hacking Group has been targeting banks in Sub-Saharan Africa since the beginning of the year with malware designed to steal millions of dollars through seizing control of ATMs.

Kaspersky says the Silence group, understood to be Russian or include Russian-speaking individuals, is one of the most active “advanced persistent threat” actors on the world stage. The organisation, which comprises roughly 10 individuals, has carried out a number of successful campaigns targeting banks and financial organisations around the globe since 2016...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.