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Crime Japan The Almighty Buck

Attackers Steal $12.7M In Massive ATM Heist (mainichi.jp) 75

Within two hours $12.7 million in cash was stolen from 1,400 ATMs located at convenience stores all across Japan, investigators announced Sunday. An anonymous reader quotes a Japanese newspaper: Police suspect that the cash was withdrawn at ATMs using counterfeit credit cards containing account information leaked from a South African bank. Japanese police will work with South African authorities through the International Criminal Police Organization to look into the major theft, including how credit card information was leaked, the sources said.
Over the two hours attackers withdrew the equivalent of $907 in 14,000 different transactions.
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Attackers Steal $12.7M In Massive ATM Heist

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  • Hmm (Score:1, Flamebait)

    by wwalker ( 159341 )

    Over the two hours attackers withdrew the equivalent of $907 in 14,000 different transactions.

    Either these were the dumbest criminals out there to steal only $907 a few cents at a time, or at least a word or two are missing from the sentence above.

    • by Anonymous Coward

      From TFA,
      In each of the approximately 14,000 transactions, the maximum amount of 100,000 yen was withdrawn from Seven Bank ATMs using the fake credit cards, according to the sources.

      Guess how much 100,000 yen is in dollars...

    • by wwalker ( 159341 )

      Wow, Slashdot. So my comment gets downvoted *twice* to "flamebate" and then a comment "To be fair, the sentence probably should have contained the word "each"." from a different user gets upvoted to +5 (Informative). What am I missing?

      • Wow, Slashdot. So my comment gets downvoted *twice* to "flamebate" and then a comment "To be fair, the sentence probably should have contained the word "each"." from a different user gets upvoted to +5 (Informative). What am I missing?

        A snappy username?

  • And they say crime doesn't pay.

  • by Gravis Zero ( 934156 ) on Sunday May 22, 2016 @02:26PM (#52160471)

    Why did they put $12.7M in one massive ATM? come on, that's just stupid! #OnlyReadTheHeadline

    • by AmiMoJo ( 196126 )

      $907 in 14,000 different transactions seems like a rather inefficient way of stealing money. Or maybe EditorDavid's prone to typos when it comes to large amounts of money for some reason.

  • When are these fools going to learn to only deploy massless ATMs? #OnlyReadTheHeadline

  • Crowd sourcing white collar crime.

  • I wonder why it did not hit any overdraft limit at the stolen account.
    • by rtb61 ( 674572 )

      The whole operations positively screams inside job. That many transactions without failure in that short time, it means all those accounts were specifically chosen. No alarms, means those account were specifically chosen, and chosen well in advance. There will be a hack left in the system to hide the hackers and not expose those who had full access. Simply over the top operation, they might have trouble legally proving who did it but they will be able to work out who did it in short order and those on foot

      • Whilst I agree with your first statement, in that some knowledge of how to create a fake card would be required, the rest of your theory may not follow. In the UK, the big retail supermarkets do not validate every card transaction with the issuing bank in real time. Instead they sample a smaller number of transactions through their trading day, then batch and bulk submit the majority of transactions every few days. Obviously they can keep a history of card numbers previously used successfully and may use hi
        • by rtb61 ( 674572 )

          You have a large number of transaction targeted at a foreign country from a questionable country with low income, where the majority of credit card holders will simply not be able do maximum withdrawals. So those credit cards details were filtered for success. So long term planning and analysis of account details. Statistically speaking based upon the country of origin most of those card numbers should have failed a maximum withdrawal and quite a few should have trigged alarms for out of country, irregular

  • How is it possible to withdraw $907 from an ATM every 1.9 seconds?! How is it possible to withdraw anything from an ATM every 1.9 seconds unless there are thousands working together?! Or, was it all done as e-transfers to another account? Something is amiss: facts are missing, or this is another hoax.

UNIX was not designed to stop you from doing stupid things, because that would also stop you from doing clever things. -- Doug Gwyn

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