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Cyber Security

Anatomy of the RBS WorldPay Hack

A federal grand jury indicted this week for their alleged roles in a scam that stole millions of dollars from RBS WorldPay. The small crew of hackers had a distinct division of labor, operated with skill and efficiency. With the help of a worldwide network of cashers in more than 280 cities, they were able to walk away with $9 million. The attack illustrates the level of organization and sophistication involved in ATM and payment-card fraud, as well as the difficulty banks face in guarding against these schemes.

Source: https://threatpost.com/anatomy-rbs-worldpay-hack-111009/73073/

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