It's a question that we're frequently asked about and it can be challenging to provide a really good answer…
It's an underground economy, it's big, it's global, and no one organization can really understand the true costs without extensive amounts of research and cooperation. And victims don't always (for quite valid reasons) want to cooperate.
It probably says something that we're not surprised by stuff like this anymore.
And while nine million dollars is definitely a very impressive amount of cash to steal during a single coordinated attack, based on the conversations we've had with banking industry insiders, that's certainly just the smallest tip of the overall iceberg.