How A Printer Lost A Country $81,000,000 

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if you bought a HP printer, you also know how it feels losing a billion dollars to a printer. The cartridge prices are ridiculous

A German bank denying a 20 million transaction for a typo is the most German thing ever

as a printer technician I can hardly believe that they were physically printing every transaction log on one single printer....

As a Bangladeshi Cyber Security researcher I thoroughly enjoyed the video.

Who the heck opens a zip file thinking it's a job application

Reminds me of a Disrupt or Fern video. 7.2k views is criminally underrated for this quality of production and storytelling. Keep it up!

Summary: Q: How A Printer Lost A Country $1,000,000,000? A: Employees opened an email attachment.

So, Thor from Pirate Software was right! "If the printer makes a weird noise, I shoot it."

0:17 If I was the director, my biggest concern wouldn't the printer, but the fact that the staff work completely naked.

that was a goat level editing and representation. hats off to the team

you don't have to figure out that an international bank uses SWIFT you can't assume SWIFT is a state of the art system, it's been running for many decades and could be the archetype of 'this old software banks run'

Correct Title: How A Printer Played A Very Small Role In A Country Almost Losing $1,000,000,000

Who still allowed e-mails with attachments to directly pass through to employee mailboxes in 2015 simply doesn't deserve any better. In our company, not even HTML messages are allowed to pass through to employee accounts. Employees only get plain text e-mails, never anything else. If the mail contains no plain text message, the incoming mail server translates the HMTL text to plain text before forwarding it. If there are attachments, those are stored on an extra server and are then stripped from the mail. Even if hackers manages to hack the incoming mail server, it's outside of the internal network (before the main firewall) and has no access to anything internally. It can only forward messages to the internal mail server (that will drop all mails containing attachments or HMTL immediately without further notice) and it can upload attachments to the attachment server (there is no external interface for downloading attachments). So even if attackers get total control of the incoming mail server, they cannot access attachments from any other mails and if they disable stripping HMTL/attachments, then these mails never go anywhere as the next server in the process chain will just drop them without even trying to process them. There is no way you can hack into our network by using an exploit in HMTL mails or by adding malicious attachments, as none of this ever reaches any employee. Further sending the same (or a very similar) message to multiple employees one by one will immediately cause that message to be blocked as spam for all employees, because this is no normal use case. Either a message is for one specific employee only or it is for a group of them but then it is send to an internal group distribution address (e.g. every team has a team address for that purpose) or it is send to all the related employee at once (multiple TO or CC). Everything else is clearly spear fishing and performed by someone who doesn't even know the group addresses or who has no idea which employees belong to the same team.

Imagine being so bad at basic parts of hacking you fumble the ball and turn a 1b heist into an 81m dollar heist.

Why are the employees naked while gathered around the printer? Something was very strange about this from the outset.

So it actually lost them 81 mil since the other transactions didn't go through.

if THIS is your first video, you know the channel is gonna take off, godspeed Cipher!

0:59 it's not surprising things go wrong if your employees are working in DOS naked

I love how the extra context makes the $81 million seem like a relief rather, as they could have lost 1200% more

2:00 so... They allowed emails with arbitrary attachments. Several employees just opened the attachment. "Over the following year the hackers..." hold up. They didn't notice someone was in the network for a YEAR!?

Woah! this is so underated. only 200 views? this deserves way more attention! i loved this video. keep it up bro

underrated content.editing, and voiceovers. This chanel will blow up in a couple of months

The video is so interesting that the clickbaity title really ruins it.

Love your 3D editing style. U literally made me addicted to it now 😡!

Are all these channels affiliated? These super polished and well done channels keep popping up with similar animation styles and everything. The intro is a lot like fern too. I mean I'm not complaining I guess, just wondering what the heck is going on lol

This is the highest quality first RU-vid video I think I’ve ever seen! Phenomenal content

Imagine being a mastermind of this hacking project.

This channel is going to blow up🎉

Impressively well done for a first video.

Received a huge "lump of sum" now that's suspicious!

Seems that RU-vid finally recommended me another awesome channel. Keep up the good work!

As a digital forensics analyst, this was a very good video providing a solid overview on the capabilities of thoroughly planned cyber attacks.

Damn, this is so high quality content. You earned a sub, mate

This is the best video I've ever seen. Great explanation, animations etc.

this is amazing content dude, perfect elements to keep my attention span on the video, jumpcuts are right on time and the visuals are amazing! keep it up.

Great work. I like visualistation and story tell :)

Our financial system is a fucking joke. Any 5 year old could point the flaws in this pathetic "system". A fucking weekend is enough for banks to not be able to communicate? Are you fucking kidding me?

Keep up the good work. A million subscribers loading...

thats an very impressive first video! im your 12,101st follower :D

Very well made Video! I first thought this was a Channel with 100k+ subs but was surprised to see a 10k subs Channel with this great Video quality! Keep it going :)

Fantastic video, underrated channel

only 9K subs and that level of editing ? you are bound to succes

The way the videos are made reminds me strongly of Hoog and fern. Do you have anything to do with the other two channels? Regardless of that, very good quality, keep it up👍

Great animation work! Looks awsome!

Lemmino style videos are a blessing!

Bro the production of this video is absolute insane! Hi from br :) 🇧🇷

awesome video🥰 "FERN" style is getting famous !!(subscribed)

Its really funny that banks dont operate during weekends and bank holidays. In an era where everything is 24/7. Imagine airlines operating only 9-17 on weekdays 😀 or hospitals, or taxi drivers, or restaurants and clubs..this is pathetic

I can see your animation work... refreshing!

Relying a printer for banking in 2024 is the most ridiculous thing ever. Keep a digital log with cryptographic proof and archive it on hard drives or optical storage. Regardless, as soon as the printer stopped working they should have stopped all transactions.

Insane that banks these days still hold to weekends off.

great video!! incredibly underrated, subbed :)

One of the challenges that was not mentioned in the video is that the bank workers have no face and so, could not read their computer screens.

I am astounded this video only has 1.6k views, this deserve's at least 100k for how quality it is

Bro I fucking love this animation style.

Not a great fan of the clickbait title. Great video, but that kind of ruines it.

Multiple bank employees opened zip files from EMAILS?! 😭😂 Great video so far, 2:24 is pretty

DUDE THIS VIDEO IS SO GOOD YOU DESERVE SO MANY MORE SUBSCRIBERS KEEP!!! IT!!! UP!!!

such great editing, oh my god. also question, what is the outro music? that slaps and I cant seem to find it

I like how they're all buck-naked in that office, except for that one guy wearing a sweater.

As someone who works in security, NEVER click on email links you aren't expecting. Most major compromises are because people click on links they shouldn't. I REPEAT: never click on random links!

your animation skills are comparable and on par with other massive creators like fern or neo. Keep up the good work!

So, on a slightly different note, why are all these animated workers sans trousers? Is it because they had to pay back the billion they lost from their wages, and can no longer afford pants? Hmmm.

This video and channel is severely underviewed and underrated, definitely deserves more attention!

this bank is literally every place in every movie ever that gets robbed flawlessly

This channel is going to be huge.

My god, your animations are so good I even think it's better than fern and LEMMiNO! Your team is crazy, keep going and pumping! (Subbed) One thing though, maybe add some louder ambience music when the narrator speaks? Feels empty...

clickbait. they ALMOST lost a billion

the algorithm is liking this video, keep them coming

Well after the Lockheed Martin hack, there were talks that one of the ingress points into Lockheed Martin's network was via the printer as well. However, no confirming or post action report came out confirming or denying that.

why is this video from a channel with 8k subs and has 55k views? this video is so well done.

Good video, keep it on brother!

nice video essay dude, keep it up!

I enjoyed your video, and I have a special like for small channels and people that don't bum me to support them, I thank you sir, I'll be back for more and I usually can't help but comment on stuff either, hopefully that will help grow your channel. I'm clicking on your other video about the cartel right now, I suffer alot of physical pain, thanks for helping keep my mind off it.

In other words: The hackers where smart enough to not get cought and the USA inteligence wasn't willing to admit that a civilians could outsmart them, so they blamed North Korea.

great content and editing!

it sounds like you are saying “mall wear” which sounds like some type fashion

Remember theres thousands of these printers publicly on VNC without authentication that anybody can access

Phishing is still so ridiculously easy, it's a disgrace. Even well-trained, educated people just cant get it through their thick skulls that there are more important things in business than pleasing your manager and getting the completely, totallly, utterly insignificant business report done on time. It's no wonder the phishing business is booming.

I'm a first time viewer and I'm only 5 minutes in but I really want to compliment the graphics and even extended 3D animations. For the production quality, the amount of views is criminal

I'm from the Philippines and I remember this story way back 2016. The Branch Manager of that RCBC Bank was charged and now facing 30 plus years in prison time, she appealed the case last 2019 and was denied by the Court of Appeals citing that all elements of money laundering was present and reiterate that she knew that the transaction is fraudulent. I guess she received a huge amount for this money laundering transaction.

Great video y'all! Staying tuned for more

No one mentions the mass pwning and subsequent bricking of 1000s (possibly millions) of printers after the wifi pwn hack

Nice video. Absolutely fascinating.

It was exactly the reason I thought. I can't think of any other reason.

Amazing editing! I thought I was watching lemmino.

This video only has 53k views with such good production quality????

Another video title could have been "$81 Million Bank Heist"

Its crazy the the world's whole financial system is ran by banks who can just... decide not to work on certain days

You need subs like sunny or fern. Or pat. You deserve it

RU-vid's algorithm is constantly recommending me Hidden Gems, outstanding video! Subscribed and can't wait to see this channel grow!

Very nice videos.......keep it up 👍🏻

todays mission bankrupt a country ahh shiz

Which software you use for graphic

After I watched this video, I kind of get the feeling that old Macs speak to me in so many ways that new Macs cannot. I think that comes down to this "design language" that I surely missed. I also missed the skeuomorphic design from the mid-2000s as well before Windows Vista came out. Too bad Windows Vista is far too short-lived as I missed that Aero Glass interface, but everything in the world of computers--even in Linux world--has gone flat nowadays. Great video by the way. I do tend to blame the banks for the lack of security culture. I really do not want to blame employees for opening malicious attachments, though. I'm just not really a "blame-the-victim" type.

damn this is underrated

What is the music in the opening? Reminds me of Deus Ex and I'm inspired by the instrumentation!

Love the editing style and quality! Great work! Reminds me of channels like "Neo" and "fern." Keep it up 💪🏻

Amazing and well put together video