Coordinated, Global ATM Heist Nets $13 Million 122
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."
Re:So (Score:2, Insightful)
Yeah. I wouldn't go so far as to say they deserve it, since nobody really deserves to have stuff stolen from them, but if that's how they were set up, someone had to have know this would happen.
Honesty (Score:4, Insightful)
"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."
Would you try to steal $9.4M by nonviolent means if you knew that the penalty for being caught was probation? Be honest.
13 milion is nothing compared to what (Score:4, Insightful)
Goldman Sachs and the others just stole from the taxpayers.
have you seen the recent FOIA files released on the 'secret bailout'? billions and billions and billions. and a lot of it went to pay bonuses to those guys at the CDO and mortgage securities departments at those banks. massive, overwhelming fraud, completely unpunished. and we whine about hackers stealing 13 million from an ATM.
13 million would not even cover a year of a bailed-out bank CEO executive bonus. it wouldnt even be a drop in the bucket of the Boards of Directors payments (many of whom do exactly nothing). 13 million is what John Thain wiped his ass with at Merrill Lynch.
wake up folks. wake up. watch The Young Turks for more info