8 Cybercrooks Charged In Global $45M ATM Heist

Law360, Los Angeles (May 9, 2013, 5:23 PM EDT) -- Federal authorities on Thursday charged eight alleged cybercriminals in New York with money laundering and fraud for allegedly helping steal $45 million by hacking into global financial institutions, stealing prepaid debit card data and making fraudulent ATM withdrawals.

In December 2012 and February 2013, the alleged gang members used sophisticated intrusion techniques to break into credit card processing computer systems, steal prepaid debit card data and eliminate the cards' withdrawal limits as part of a scheme called “Unlimited Operations,” federal authorities said. The eight alleged members...
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