Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 20 June 2008 09:07

Fraudulent ATM information travels the Globe

Written by David Stellmack

Image

From Indiana to Russia, Ukraine, Turkey and the Czech Republic


A bank server was compromised at 1st Source Bank in South Bend, Indiana on May 12th. When the bank discovered the server breach, the bank reportedly disabled all of its own ATM cards that were thought to be compromised. This past weekend, however, there were a flood of fraudulent ATM transactions occurring in places as far away as Turkey, Ukraine, Russia and the Czech Republic that appear to be linked to the server intrusion.

The breached server contained debit card transaction data belonging to customers of 1st Source and other financial institutions who used 1st Source ATMs. At least 200 consumers in Indiana who have accounts with 1st Source, Teachers Credit Union (TCU) and Farm Bureau Credit Union have reported fraudulent ATM activity that has occurred to their accounts since this past weekend. The majority of the ATM withdrawals were $200 to $300 each, or limited to the maximum amount of daily withdrawal on the account.

Data security and cybercrime are part of a global market for stolen credit card data and banking data.  A security vendor, Finjan Inc, just released a report that a huge underground market exists for stolen credit and debit card data.  The company claims that this information can often be purchased by doing a Google search and paying as little as $20 per stolen card.

Last modified on Friday, 20 June 2008 09:28

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments