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$13 Million Stolen From Japan ATMs Via Stolen S. African Bank Data

A coordinated group of fraudsters stole 1.4 billion yen (about $12.8 million) in less than three hours. The fraudsters reportedly used fake credit cards that were created using stolen data on account holders from Standard Bank in South Africa. Police believe over 100 money mules might have been involved in the withdrawals, which took place the morning of May 15. 7-Eleven stores were hit presumably because they accept foreign credit cards, while many ATMs do not. Standard Bank says its own losses add up to approximately $19.25 million.”]

Source: https://www.darkreading.com/attacks-breaches/-13-million-stolen-from-japan-atms-via-stolen-s-african-bank-data

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