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August 26, 2011 08:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/R9AO6_GpcmU/Coordinated-Global-ATM-Heist-Nets-13-Million
Coordinated, Global ATM Heist Nets $13 Million
An anonymous reader writes "An international cybercrime gang stole $13 million from a Florida-based financial institution earlier this year, by executing a highly-coordinated heist in which thieves used ATMs around the globe to cash out stolen prepaid debit cards. 'Prepaid cards usually limit the amounts that cardholders can withdraw from a cash machine within a 24 hour period. Apparently, the crooks were able to drastically increase or eliminate the withdrawal limits for 22 prepaid cards that they had obtained. The fraudsters then cloned the prepaid cards, and distributed them to co-conspirators in several major cities across Europe, Russia and Ukraine.' The attack is eerily similar to the 2008 attack on RBS WorldPay that stole $9.4M. The men who pleaded guilty to the RBS attack were arrested and charged in Russia, but were later given only probation." 
Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/R9AO6_GpcmU/Coordinated-Global-ATM-Heist-Nets-13-Million
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