ATM looting

An ATM looting is a type of bank robbery in which a series of cash machines are robbed of cash. The thieves do the looting by using identity fraud to create debit cards containing other people's banking information, then they withdraw money from other peoples' bank accounts.

Lootings

In November 2008, an international team of thieves stole US$9 million from ATMs around the world using fake cards which took money from Worldpay.[1]

In August 2011, an international team of thieves stole US$13 million from ATMs around the world using fake cards which took money from FIS, which is a company that issues pre-paid debit cards.[2]

In May 2016, thieves in Japan stole 1.4 billion yen from ATMs at 1,400 convenience stores.[3]

2013 $45-million ATM cyber looting
Main article: 2013 $45-million ATM cyber looting

In December 2012 and February 2013, a cyber-ring of criminals, operating in more than 24 countries, stole US$45 million from thousands of Automated Teller Machines (ATMs).[4] Roughly US$5 million was stolen around the world on December 21, 2012.[4] Success led to expansion of the crime, when an additional US$40 million was stolen on February 19, 2013.[5]ATM Scams In India

References
  1. "Global ATM Caper Nets Hackers $9 Million in One Day". WIRED. Retrieved May 24, 2016.
  2. "Coordinated ATM Heist Nets Thieves $13M — Krebs on Security". krebsonsecurity.com. Retrieved May 24, 2016.
  3. "1.4 bil. yen stolen from 1,400 convenience store ATMs across Japan - The Mainichi". The Mainichi. Archived from the original on May 24, 2016. Retrieved May 24, 2016.
  4. Marc Santora (May 9, 2013). "In Hours, Thieves Took $45 Million in A.T.M. Scheme". The New York Times. Retrieved November 18, 2014.
  5. "IT watchdog probing breach in ATM heist". Indian Express. May 13, 2013. Retrieved June 20, 2013.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.