[Engadget] Cyberthieves yank $45 million in sophisticated ATM hack, make Ocean’s Eleven look trivial~Reviews~Evaluation

Engadget post time: May 10, 2013 at 03:45AM

Cyberthieves yank $45 million in sophisticated ATM hack, makes Ocean's 11 look trivial

It has the makings of a film — but the fallout from one of the world’s most sophisticated ATM heists is very real. The New York Times is reporting that a massive team of criminals worked in concert in order to grab some $45 million in a matter of hours over the course of two operations. The sheer scope of the project is hard to wrap one’s mind around, involving trained personnel positioned in over two dozen countries.

Earlier today, federal prosecutors in Brooklyn “unsealed an indictment charging eight members of the New York crew, offering a glimpse into what the authorities said was one of the most sophisticated and effective cybercrime attacks ever uncovered.” In essence, the hackers were able to infiltrate various credit card processing companies and raise withdrawal limits on prepaid accounts — from there, cashing crews hit thousands of ATMs, socking away millions in the process. Hit up the source link for the full read; it’s a wild one, for sure.

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Source: The New York Times

Reference source: Engadget


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