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How To Steal $9+ Million in 30 Minutes From ATMs February 12, 2009

Posted by tkcollier in Economy & Business, Technology.
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How did the hackers steal $9 million in one 30-minute time period using only 100 ATM cards you ask? That shouldn’t be possible given the daily limits (usually about $500/day) placed on all ATM cards. Well it turns out that the hackers applied military like precision to old ATM Scam techniques and added a touch of devious ingenuity to pull this one off. Here is a look at how the theft was perpetrated.

via Largest Coordinated ATM Rip-off Ever Nets $9+ Million in 30 Minutes | NetworkWorld.com Community. (more…)

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