Spanish Court Indicts 9 for Roles in Massive Cyber-Heist: Report

  • 22 September 2014
  • 0 replies
  • 122 views

Userlevel 7
By Brian Prince on September 22, 2014
 
Spain's National Court has indicted nine people on fraud charges for allegedly participating in a massive cyber-fraud operation that spanned the globe.
 
The group is accused of withdrawing money from ATMs in February 2013 using information provided by a group of hackers that had penetrated the network of a credit card processor and compromised prepaid debit card accounts associated with Bank Muscat in Oman.

According to the Associated Press, after obtaining access code numbers, thieves around the globe made 34,000 cash withdrawals in roughly two dozen countries. The crew in Spain allegedly stole $390,078 during the early hours of Feb. 20, 2013.
Judge Eloy Velasco said there was evidence the suspects belonged to an international criminal operation, and that the suspects had raided an ATM in a similar way in December 2012, according to the report. That same month, the hackers had compromised prepaid debit card accounts at the National Bank of Ras Al-Khaimah.
 
SecurityWeek/ full article here/ http://www.securityweek.com/spanish-court-indicts-9-roles-massive-cyber-heist-report

0 replies

Be the first to reply!

Reply