Dissecting a Cybercriminal Heist – Podcast #248

In May 2013, the U.S. Dept. of Justice indicted several members of a cyber criminal gang  allegedly responsible for the largest coordinated cash heist from thousands of ATMs across 26 countries. The scheme netted more than $45 million in less than a week and has the banking industry reeling at the manner in which this gang pulled off this caper through a coordinated system of hacking and cash-out mules who exploited a weakness in prepaid debit card and ATM systems. Amy Blackshaw, Principal Product Marketing Manager in RSA’s Fraud and Identity Risk business joins the Speaking of Security podcast to dissect some of the methods this gang used and how banks can bolster their systems with anti-fraud measures to defend against similar threats.

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