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 […]
Bamboo has lots of uses beyond just being panda food. Things like bikes, roads, scaffolding, and musical instruments are made from the fast-growing grass. But unless you are participating in a tropical-themed LARP, you probably wouldn’t want a shirt made from bamboo stalks. So why do bamboo bed sheets make any sense? Because yarn extracted from […]
If you want to work in tech, but don’t have any desire to code web apps to help businesses sell things to other business, you might want to consider a career in cybersecurity. Judging from the apparent complete infiltration of Russian hackers in American cyberspace, it seems fair to speculate that there’s a major shortage of […]
All moms are different. But all moms like getting flowers on Mother’s Day, and that’s a fact (not, however a fact we can document in any fashion.) Instead of getting chewed out for forgetting to call her on the second Sunday of May, you can take care of it ahead of time with Teleflora’s flower […]