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> financial transfers can be reversed. Not this time: hackers withdrew some of the money from ATMs.
by vanzard 12y ago
> financial transfers can be reversed.
Not this time: hackers withdrew some of the money from ATMs.
- ams6110 12y agoThe total amount of cash and the per-withdrawal limits in an ATM limits the loss there. You can't steal millions of dollars from an ATM.
- tedivm 12y agoThese guys stole $45 million from ATMs- http://www.nytimes.com/2013/05/10/nyregion/eight-charged-in-45-million-global-cyber-bank-thefts.html?pagewanted=all http://www.nytimes.com/2013/05/10/nyregion/eight-charged-in-...
- ams6110 12y agoOn Feb. 19, cashing crews were in place at A.T.M.'s across Manhattan and in two dozen other countries ... Starting at 3 p.m., the crews made 36,000 transactions and withdrew about $40 million from machines in the various countries in about 10 hours I stand corrected. That's quite impressive and amazing that they had that many people involved and nobody tipped it off.
- dredmorbius 12y agoFair point. As the responses note, the damage here is usually limited -- ATMs carry only so much cash each, and (usually) only dispense up to a few hundred dollars (or equivalents) at a time. There've been some exceptions where an exploit is found and utilized in mass effect at many locations in a short period. That takes a high level of organization though.