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."

Comments

Further development on the case

[elrous0]

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.

FP

[Anonymous Coward]

In Soviet Russia, the ATM robs you

Fixed.

[bigstrat2003]

Citibank is reissuing ATM cards following a December server breach in which hackers stole customer PIN codes... I believe you misspelled "ATM machine cards" and "PIN numbers", sir. Please correct this oversight as soon as is convenient for you.

Re:Time to look into other means of security

[Gat0r30y]

My personal solution: being broke as hell.