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Hackers Steal Millions From Mexican Banks In Transfer Heist (reuters.com)
happyfeet2000 shares a report from Reuters: Thieves siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, by creating phantom orders that wired funds to bogus accounts and promptly withdrew the money, two sources close to the government's investigation said. Hackers sent hundreds of false orders to move amounts ranging from tens of thousands to hundreds of thousands of pesos from banks including Banorte, to fake accounts in other banks, the sources said, and accomplices then emptied the accounts in cash withdrawals in dozens of branch offices. The total amount is estimated to be as much as $20 million (~400 million pesos).
When I first read " siphoned hundreds of millions of pesos" I thought, wait a second, that's like $200 dollars.
they didn't steal any cartel money. /s
Sounds more like an NSA/CIA operation to drain the funds.
Trump did say Mexico would pay for it...
It's good work, if you can get it.
So.. They didn't have withdraw controls on newly minted accounts that just got funded electronically? They didn't require ID's either? What about verifying you know who's creating these electronic transactions? No?
Shesh, this is lax security. I'm not saying the banks deserved to be fleeced, but if you cannot be bothered with the minimum of security practices, I'm going to find it hard to shed many tears about your bad luck. Then there is the whole, you don't know who's initiating this transactions electronically so you cannot hold them responsible?
All I can say is.. I don't want to be a bank...
"File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
Hundreds of millions of pesos. So, like five million real currency then. Not exactly the largest heist in history though.
Golf clap.
You missed a decimal point. The current exchange on a Mexican peso is USD$0.05080.
https://www.investing.com/curr...
If it weren't for deadlines, nothing would be late.
You've got an extra 0 there amigo. Current exchange rate is 18.5 pesos per dollar which is close to 20 per dollar. Thus each peso is worth about $0.05 not $0.50. OTOH if you're willing to buy them, I'll gladly sell you as many as you want at $0.50. No? How about $0.40?
Welp, more sensationalist nonsense and a guarantee there'll be no substance.
Thanks, beauhd. Your news source selection is as good as ever.
Ordinarily I might say that's a nice number to retire on.
I don't think it's enough to be able to hide from the Mexican drug cartels, or the Federales.
Isn't that like $2.50?
There was actually millions in a Mexican bank.
Shocking I know.
Don't listen to these crooks. I'm willing to sell you 10 million Dogecoins at the low, low price of only 10 million Dogecoins.
#DeleteFacebook
"He said that the central bank’s SPEI interbank transfer system was not compromised but that the problem had to do with software developed by institutions or third-party providers to connect to the payment system. "
The banks in Mexico are heavily corrupted by cartel influences. Theft like this is a panned and staged event. /do you really think that withdrawing 20 million would not raise questions? what banks have that amount of cash available?
As if they DON'T have it bad enough. Sheesh!
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