Hackers steal millions from ATMs across the globe
05/09/2013 // West Palm Beach , Florida, US // JusticeNewsFlash // Justice News Flash // (press release)
New York – Several people have been arrested in connection with a hacking ring, in which millions was taken from ATMs across the globe. As reported by the Associated Press (AP), the network of thieves stole $45 million from ATMs in 27 countries.
Seven people linked to the ring have been arrested in the U.S., as the investigation into the thefts continue.
Rose Romero, a former federal prosecutor and regional director for the U.S. Securities and Exchange Commission, is quoted by the AP as stating of the matter, “Unfortunately these types of cybercrimes involving ATMs, where you’ve got a flash mob going out across the globe, are becoming more and more common… I expect there will be many more” crimes such as this.
ATM bank loss from fraud reportedly amounts to an estimated $1 billion annually.
Justice News Flash delivers the latest in New York legal news.
Address: 215 South Olive Suite 300 W. Palm Beach FL 33401
Other News / Press Releases
- Police seek utility records after family of 8 poisoned by carbon monoxide
- Drummer in iconic band dies in car crash in Georgia
- Houston Big Rig Accidents Linked to Tire Blowouts Caused by Speeding
- Judge rules Advanced Micro Devices must face lawsuit
- Vanilla Ice must perform community service as part of plea deal
- Judge approves woman’s request to serve divorce papers via social media
- Teen writes letter rejecting university’s admission rejection
- Airline releases new statement in Germanwings crash
- Driver follows GPS off of bridge, wife dies in crash
- Arizona governor signs law blocking Obamacare abortion coverage