Blog | G5 Cyber Security

Hacker jailed for ATM skimming invented ATM security scheme

Valentin Boanta is serving a five-year jail sentence in Romania for his involvement in an ATM skimming scheme. The 33-year-old has developed a device designed to protect ATMs from such attacks. SRS (Secure Revolving System) changes the way ATM machines read bank cards to prevent the operation of skimming devices that criminals hide inside ATMs. Boanta: “Crime was like a drug for me. After I was caught, I was happy I escaped from this adrenaline addiction”

Source: https://thehackernews.com/2013/05/hacker-jailed-for-atm-skimming-invented.html

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