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.
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.
Coordinated ATM Heist Nets Thieves $13M
(Image: ATM in a cage, a Creative Commons Attribution Share-Alike (2.0) image from yuval_y's photostream)
The most on-brand name since “Fraud Guarantee.”
Writing in Marker, David Gauvey Herbert gives us an extended-play version of China's legendary bank-robber, Ren Xiaofeng, a bank official in a small industrial city who tried to make ends meet by stealing cash to buy lottery tickets, planning to return the money out of his winnings -- but instead lost, and kept on losing, […]
The New York Post reports Indiana police are on the lookout for Donald Murray, 38, after he allegedly fled officers in his car when they tried to pull him over for driving without turning on the car’s exterior lights at night.
In the early days of the web, everyone wanted a .com domain for their site. As a result, all the good ones got snapped up. But .com no longer has the cachet it once did. In fact, many new businesses and individuals are opting for other top-level domain extensions. One of the most memorable is […]
When the SNES launched back in the early 1990s, it changed gaming forever. One of the innovations was a gamepad with four action buttons — something that has remained a constant on controllers ever since. The 8BitDo SN30 Bluetooth Gamepad brings that iconic design up to date, with Bluetooth connectivity and support for multiple platforms. […]
After a long day at work, cooking a meal from scratch can seem like too much trouble. Unfortunately, the alternative is usually something unhealthy. Enter the Mellow Sous Vide Precision Cooker. This compact water bath uses cutting-edge technology to cook meat and veggies at the perfect temperature for exactly the right amount of time. It […]