Bank lost 1 million US Dollars because of outdated routers

A recent news was about hackers hacked into a Russian bank because of outdated routers. When I saw the keyword “router”, I felt that I must dig further about what really happened.

What I have understood now

The victim is PIR Bank. One of the suspects is MoneyTaker. After the breach, PIR Bank hired company Group-IB to do the clean-ups, recovery, and investigating how the hackers got into their internal network.

Up to this moment, Group-IB disclosed hackers exploited the outdated routers of PIR Bank. The model of the routers was Cisco 800 series routers, which was already declared publicly that the End of Support date would be someday in Year 2016, by Cisco. The running Cisco IOS version was 12.4.