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Cyber Security

Events Behind July 2016 Taiwan ATM Heists Are Coming to Light

Taiwanese authorities sentenced three crooks they arrested last summer to five years in prison for their role in a massive ATM heist operation that involved a total of 22 individuals. The heists took place between July 9 and July 11, 2016, and resulted in the theft of NT$83.27 million ($2.66 million) from 41 ATMs at 22 branches of Taiwan’s First Commercial Bank. 19 crooks quickly fled the country, taking only a small portion of the money, and leaving the rest to three members who stayed behind to get the bulk of the cash out of Taiwan.

Source: https://www.bleepingcomputer.com/news/security/events-behind-july-2016-taiwan-atm-heists-are-coming-to-light/

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