Banking News Archive

Hackers steal $45 million in ATM card breach
NEW YORK (AP) — A gang of cyber-criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday. Brooklyn U.S. Attorney Loretta Lynch called it "a massive 21st-century bank heist" and compared it to the Lufthansa heist in the late 1970s immortalized in the film "Goodfellas." Lynch said the fraudsters had moved with astounding speed to loot financial institutions...
More
First « Previous 1 2 3 Last
First « Previous 1 2 3 Last

Featured Events