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Crooks Nab Citibank ATM Codes, Steal Millions
An anonymous reader writes "Citibank is reissuing ATM cards following a December server breach in which hackers stole customer PIN codes, Wired reports. In recent months the FBI has arrested 10 people in the New York area who were allegedly involved in using the codes to steal over $2 million from Citibank checking and savings accounts, including two Ukrainian immigrants who were each caught with $800,000 in cash stashed in boxes and shopping bags in their homes. Some of the suspects are cooperating, telling the feds that they've been working for a Russian hacker. They use magstripe writers to encode the stolen account numbers onto blank cards, then hit ATMs in New York, and transfer 70% of the loot back to Russia."
Authorities report that the two Ukrainians, identified as cousins Niko and Roman Bellic, were released from police custody after police confiscated their guns and took 10% of their money. The pair subsequently stole several cars and went on a killing spree with an RPG they found on a nearby rooftop.
SJW: Someone who has run out of real oppression, and has to fake it.
In Soviet Russia, the ATM robs you
"16MB (fuck off, MiB fascists)" - The Mighty Buzzard
two Ukrainian immigrants who were each caught with $800,000 in cash stashed in boxes and shopping bags in their homes.
I assume the boxes and bags all had big dollar signs on the side of them.
Also, I'm extremely impressed that TFS (I didn't RTFA, of course) had no incidents of "ATM machine" or "PIN number".
Quidquid latine dictum sit, altum sonatur.
My personal solution: being broke as hell.
Prediction: The real iPhone killer is going to be sex robots from Japan. Think about it.
...that with the U.S. Dollar in the shitter, the Russians would start picking on someone else.
Oh yeah...a bank is where poor people keep their money...
Here I was, thinking Grand Theft Auto IV was a game and all. But I was actually *really* stealing the money! Now I feel bad for shooting the hooker and then burning her in a 10-car inferno. Really bad.
WOOSH! How some people even log on I'll never understand...
Maybe it's just me, but a simple 4 digit number doesn't provide all that much security in my mind. How easy is it to simply glance over someone's shoulders and read their pin?
I no longer use a debit card for that very reason - my bank account was cleaned out by a woman I took pity on. She'd been strung out on crack and had nothing left but the clothes on her back. She wanted to dry out and get into rehab. So I stupidly let her stay at my apartment for a week.
During that week she obviously watched over my sholder at the ATM, then stole a book of checks. And the keys to my car I'd only made one payment on.
The bank made good on the forged checks, but not the ATM. Their rationale was that if the person had the PIN the only way to get it was have it given to them!
I journaled about it her:
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The Crackwhore and the Nerd
Party Like It's 1976
mcgrew's razor: Never attribute to stupidity that which can be explained by greedy self-interest
You keep the ones with the dead presidents. I'll keep the others. I'll only insist on having the same number, to be fair. Deal?
Seems the problem was more wiht you letting a crackhead into your life then with the bank's debit card.
Spelling and Grammar errors have been added to this post for your enjoyment
Probably a Ukrainian disguised as a crackwhore -- social engineering strikes again.