Major Hacking Ring Elaborate Scheme Stole over $9.4 Million from Credit Card Processor


Thursday, 19 November 2009 04:22 Major Hacking Ring Elaborate Scheme Stole over $9.4 Million from Credit Card Processor Extract from the linked article.. Once the encryption on the card processing system was compromised, the hacking ring allegedly raised the account limits on compromised accounts, and then provided a network of “cashers” with 44 counterfeit payroll debit cards, which were used to withdraw more than $9 million from over 2,100 ATMs in at least 280 cities worldwide, including cities in the United States, Russia, Ukraine, Estonia, Italy, Hong Kong, Japan and Canada. The $9 million loss occurred within a span of less than 12 hours. Click on the link below for more details: http://atlanta.fbi.gov/dojpressrel/pressrel09/atl111009.htm	Entry Device Evaluations MasterCard PTS Device Security Evaluations Key Management Crypto PCI DSS PCI PIN Side Channel Analysis PCI ASV Cartes in Asia 2010 17th February 2010 - PCI for Payment Devices Workshop Major Hacking Ring Elaborate Scheme Stole over $9.4 Million from Credit Card Processor New Business referral FIME & Witham Labs Cartes 2009

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