How To Steal $9+ Million in 30 Minutes From ATMs February 12, 2009
Posted by tkcollier in Economy & Business, Technology.Tags: ATM, Banks, Credit Card Fraud, Crime, Tech
add a comment
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…)
