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Cyberthieves yank $45 million in sophisticated ATM hack, make Ocean's Eleven look trivial
It has the makings of a film -- but the fallout from one of the world's most sophisticated ATM heists is very real. The New York Times is reporting that a massive team of criminals worked in concert in order to grab some $45 million in a matter of hours over the course of two operations. The sheer scope of the project is hard to wrap one's mind around, involving trained personnel positioned in over two dozen countries.
Earlier today, federal prosecutors in Brooklyn "unsealed an indictment charging eight members of the New York crew, offering a glimpse into what the authorities said was one of the most sophisticated and effective cybercrime attacks ever uncovered." In essence, the hackers were able to infiltrate various credit card processing companies and raise withdrawal limits on prepaid accounts -- from there, cashing crews hit thousands of ATMs, socking away millions in the process. Hit up the source link for the full read; it's a wild one, for sure.
Filed under: Internet
Source: The New York Times
Original Link: http://www.engadget.com/2013/05/09/cyberthieves-atm-hack-millions-stolen/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget
Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget