2013 $45-million ATM looting

In December 2012 and February 2013, a cyber-ring of criminals, operating in more than 24 countries, stole $45 million from thousands of automated teller machines (ATMs) in an ATM looting.https://www.nytimes.com/2013/05/10/nyregion/eight-charged-in-45-million-global-cyber-bank-thefts.html In Hours, Thieves Took $45 Million in A.T.M. Scheme Marc Santora The New York Times 2013-05-09 2014-11-18 Roughly $5 million was stolen around the world on December 21, 2012. Success led to expansion of the crime, when an additional $40 million was stolen on February 19, 2013.http://www.indianexpress.com/news/it-watchdog-probing-breach-in-atm-heist/1114917/ IT watchdog probing breach in ATM heist Indian Express 2013-05-13 2013-06-20 The thefts included $2.4 million withdrawn from almost three thousand ATMs in New York City in a matter of hours during the February 2013 theft. Eight suspects were charged in May 2013 for the New York portion of the thefts – though one of the eight had already been found dead in the Dominican Republic, the previous month.https://www.usatoday.com/story/cybertruth/2013/05/09/atm-hacks-prepaid-card-fraud/2148861/ ATM robberies – the hard vs. easy methods Usatoday.com 2013-05-10 2013-06-20 The thefts were reported to be based on a sophisticated computer hacking procedure, whereby prepaid debit card information was stolen from the computers of financial institutions.https://www.nytimes.com/2013/05/11/nyregion/atm-robbery-suspects-may-have-caused-own-undoing.html?pagewanted=all&_r=0 In A.T.M. Robbery Case, a Splashy Trail of Big Spending The New York Times 11 May 2013 Santora Marc The cards were then adjusted to have unlimited balances, so that gangs of criminals across the world could use the cards to withdraw the maximum amount the ATMs would allow in their target region.https://timesofindia.indiatimes.com/india/Global-ATM-heist-Cyber-cheats-hacked-into-systems-of-Pune-Bangalore-companies/articleshow/20008913.cms https://web.archive.org/web/20130609073247/http://articles.timesofindia.indiatimes.com/2013-05-12/india/39203059_1_debit-pre-paid-cards-travel-cards live 2013-06-09 Global ATM heist: Cyber cheats hacked into systems of Pune, Bangalore companies 2013-05-12 The Times of India 2013-06-20https://www.cnbc.com/2013/05/12/india-it-watchdog-investigating-breach-in-atm-heist.html India IT Watchdog Investigating Breach in ATM Heist CNBC 2013-05-12 2013-06-20 By using prepaid debit cards rather than customer bank cards or customer credit cards, the criminals were able to avoid the alarms or suspension-of-activity that might happen with these other types of cards.Jaikumar Vijayan http://www.computerworld.com/s/article/9239104/Bank_security_weaknesses_led_to_cyber_looting_of_45M_from_ATMs?taxonomyId=17 Bank security weaknesses led to cyber looting of $45M from ATMs Computerworld 2013-05-10 2013-06-20 The resulting $45 million theft was from the accounts of financial institutions themselves, rather than customer accounts. See also Banks List of large value US robberies References Category:Bank thefts Category:2012 crimes Category:2013 crimes Category:Looting in North America