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Crooks Net Millions in Coordinated ATM Heists Krebs on Security

Organized cyber criminals stole almost $11 million in two highly coordinated ATM heists in the final days of 2012. The events prompted Visa to warn U.S. payment card issuers to be on high-alert for additional ATM cash-out fraud schemes in the New Year. The crooks used re-loadable prepaid debit cards tied to accounts that they controlled to pull cash out of ATMs in at least a dozen countries. In both heists, the crooks were able to increase or eliminate the withdrawal limits for the prepaid accounts they controlled.”]

Source: https://krebsonsecurity.com/2013/02/crooks-net-millions-in-coordinated-atm-heists/

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