Flash Mob Steals $9 Million From ATMs
Mike writes "A global flash mob of ATM thieves netted $9 million in fraud against ATMs in 49 cities around the world. The computer system for a company called RBS WorldPay was hacked. One service of the company is the ability for employers to pay employees with the money going directly to a debit card that can be used in any ATM. The hacker was able to infiltrate the supposedly secure system and steal the information necessary to duplicate or clone people's ATM cards. Shortly after midnight Eastern Time on November 8, the FBI believes that dozens of the so-called cashers were used in a coordinated attack on ATMs around the world. Over 130 different ATMs in 49 cities worldwide were accessed in a 30-minute period on November 8. 'We've never seen one this well coordinated,' the FBI said. So far, the FBI has no suspects and has made no arrests (PDF) in this scam."
So, were they on the honor system to funnel the cash back to the 'hacker'? Or was this like winning the lottery?
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I thought flash mobs are groups of people in the same place at the same time. Not all over the world?
$9 Million stolen from a bank? Peanuts compared to the next $900 Billion the banks are stealing back again - a hundred thousand times more.... I can't even get to grips with that scale of money....
The article says over $9,000,000 was stolen using only 100 cards in 49 cities in a 30 minute period. That, boys and girls, is $90,000 per card. The article says the limits on the cards were overridden, using them to make withdrawals in multiple increments of $500 or so. $90,000 / $500 is 180 withdrawals in a 30 minute period, or 6 withdrawals per minute.
This article doesn't pass the basic sniff test. It reeks of either disinformation or seriously bad math.
Learning HOW to think is more important than learning WHAT to think.
zoom out.
It's okay. Many homeless are mentally ill, possibly from the PTSD they got from Vietnam. They got so screwed up in our nation's defense that they couldn't come up with such an elaborate scheme. So we really have nothing to worry about! All is as it should be in America.
woosh... GP was saying the bankers are the idiots
and where are the cameras on these Atm's?
This is such an insightful comment.
I believe that banking institutions are more dangerous to our liberties than standing armies. — Thomas Jefferson
and I still had mod points just yesterday...
Notes From Under *nix: blas.phemo.us
Did he hack the bank across state lines from his home?
That's not a requirement for a federal crime in the US; theft from any federally insured bank (which is almost all of them) is a U.S. federal crime, even if the crime occurred in only one state and even if the bank operates under a state charter.
Because robbing banks requires at least a modicum of ability, some organizational skill, and a bit of motivation. If you've got all of the above, you're unlikely to be homeless in the first place.
Gotta disagree. Homelessness doesn't correlate well with a lack of ability or organizational skill, or even lack of motivation. It does, however, correlate well with heavy addiction and mental illness, both of which make it pretty damn hard to use one's ability or organizational skills.
It's a well-kept secret but nowhere near "jsut about every" bankrobber gets caught.
They get caught in Alaska, and I'd imagine in Hawaii too.
Learn to love Alaska