International

Cyber Criminals stole $ 45 million by breaching ATM cards

New York: A gang of cyber-criminals operating in 26 countries stole USD 45 million by hacking their way into a database of prepaid debit cards, federal prosecutors in New York said on Thursday.
An indictment unsealed on Thursday accused the eight of being members of the New York cell of a global theft operation. It said they withdrew USD 2.8 million in cash from hacked accounts in less than a day.

Prosecutors said the scheme involved two worldwide attacks in which hackers obtained debit card data, eliminated withdrawal limits on the accounts, and then sent a network of operatives fanning out across multiple cities to rapidly withdraw money.

Law enforcement agencies in Japan, Canada, Germany, Romania and 12 other countries have been involved in the investigation, US prosecutors said. Arrests began in March.
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