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Attackers Steal $12.7M In Massive ATM Heist (mainichi.jp)

Within two hours $12.7 million in cash was stolen from 1,400 ATMs located at convenience stores all across Japan, investigators announced Sunday. An anonymous reader quotes a Japanese newspaper: Police suspect that the cash was withdrawn at ATMs using counterfeit credit cards containing account information leaked from a South African bank. Japanese police will work with South African authorities through the International Criminal Police Organization to look into the major theft, including how credit card information was leaked, the sources said.
Over the two hours attackers withdrew the equivalent of $907 in 14,000 different transactions.

1 of 75 comments (clear)

  1. Re:Bullcrap. 14000 transactions in two hours... by lgw · · Score: 4, Insightful

    It was in fact a team of "over 100". Japan is Japan.

    Interesting juxtaposition of stories on the Slashdot front page today. Guy discovers a vulnerability, tells the police, gets busted, his computers taken, and a 15 month suspended sentence. Guy discovers a vulnerability, goes black hat, steals $12 M in one day.

    Kinda hard to miss the incentive system currently in place.

    --
    Socialism: a lie told by totalitarians and believed by fools.