In Hours, Thieves Took $45 Million in A.T.M. Scheme

9/27/2013

This New York Times article reports on the indictment of eight individuals involved in a global cyber bank theft totaling $45 million. The group, comprised of hackers from different countries, targeted prepaid debit cards issued by banks and manipulated withdrawal limits to empty accounts across 26 countries. The article details the methods employed by the hackers and highlights the coordination between international law enforcement agencies that led to their arrest. It also discusses the increasing sophistication of cybercrime and the challenges faced by authorities in tackling these large-scale thefts.

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