Crooks who compromised Fidelity National Information Services's prepaid debit card database were able to draw out $13 million in one night, working with co-conspirators in several countries in one weekend night, after the banks had closed:
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.
Coordinated ATM Heist Nets Thieves $13M
Sources say the thieves waited until the close of business in the United States on Saturday, March 5, 2011, to launch their attack. Working into Sunday evening, conspirators in Greece, Russia, Spain, Sweden, Ukraine and the United Kingdom used the cloned cards to withdraw cash from dozens of ATMs. Armed with unauthorized access to FIS’s card platform, the crooks were able to reload the cards remotely when the cash withdrawals brought their balances close to zero.
(Image: ATM in a cage, a Creative Commons Attribution Share-Alike (2.0) image from yuval_y's photostream)
As U.S. headlines bombard us with proof of how low humanity can go, here’s a look at a happy, peaceful, and prosperous country — The Netherlands — to remind us that it is actually possible for the human race to get it right. If people want to change present circumstances through liberal ideals, it’s helpful to look […]
Marcell Shehwaro’s magnificent, sarcastic, angry essay in Global Voices expresses her gratitude for her Syrian passport, because it has allowed her to see how states are willing to punish the already brutalized out of rage and fear.
Pete from Doctors Without Borders writes, “Medecins Sans Frontieres/Doctors Without Borders have today launched MapSwipe, an app that enables anyone with a smartphone to map the most vulnerable communities in the world. Geo-data is vital for aid agencies responding to emergencies such as disease outbreaks and natural disasters and MapSwipe now gives everybody the ability […]
Loot Crate is a totally different kind of subscription service that mails subscribers monthly boxes filled with curated geek, pop culture, and gamer paraphernalia. Its cult following awaits a box every month filled with everything from bobble heads to T-shirts to special edition collectibles. But nothing gets Loot Crate fans as excited as the limited […]
The ARMOR-X Mini Flexible Phone Tripod is a smartphone tripod that is designed with flexible legs to rest on virtually any type of surface. Other tripods have proved useless unless I conveniently have a flat surface in front of me, which is why this particular tripod was appealing enough to try out. The ARMOR-X is compact and easy […]
You don’t need to get an advanced degree and take out massive loans to become a coder. This bundle of 10 courses was designed to teach anyone to code at home for less than it costs to go out for dinner. I was particularly impressed with this new 2017 bundle because it includes courses on […]