Computerized Betting System Proves Vulnerable

count3r writes "A front page article in today's New York Times reports that an employee of Autotote has been fired for (allegedly) hacking the system responsible for 65% of all horseracing bets in North America. The caper, if it is indeed a caper, resulted in a series of six bets that paid a total of $3,000,000 in last Saturday's Breeders' Cup."

Comments

Pallidum would have solved this.

[_LORAX_]

DRM will be our savior.....

Oh wait, he required that kind of access to do his job? So DRM wouldn't have helped. What do you mean that most hacks are inside jobs? .... nothing to see, please move along.

What happened to the old days

[nogoodmonkey]

when people used to give horses steroids so that they would win their bets. All this new technology is confusing!

This wouldn't have happened when the mob ran it!

[webperf]

see what happens when you legalize it??? all these crooks get in and screw it over.

No way!

[zuggy]

Nah, it can't be vulnerable. Online betting is trustworthy. Why, as soon as I get my bonus back from the Nigerian Petroleum Company, I'm going online to bet on the ponies!

Things you don't do

[El_Smack]

Tug on Superman's cape.
Spit into the wind.
Rip off the NY mafia to the tune of $3,000,000.

Re:This wouldn't have happened when the mob ran it

[ShawnDoc]

The same thing happenes when the mob runs things. Its just instead of it making it into the paper as a "hacker" story, it would wind up in the paper as "Headless Body Found in East River".

Re:Not too smart.

[jazman_777]

I will never understand how people come up with good, well thought out crime plans, and then totally screw up the execution by rushing things or bring too much attention to the project. Just dumb.

Well, the brilliant plan to milk billions from the Federal Reserve Bank in Denver is still going strong, undiscovered.