Internet Anthropologist Think Tank: Payday

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    Tuesday, February 03, 2009


    $9,000,000 payday.

    A carefully coordinated global ATM heist last November resulted in a one-day haul of $9 million in cash, after a hacker penetrated a server at payment processor RBS WorldPay, New York's Fox 5 reports.

    RBS WorldPay announced on December 23 that they'd been hacked, and personal information on approximately 1.5 million payroll-card and gift-card customers had been stolen. (Payroll cards are debit cards issued and recharged by employers as an alternative to paychecks and direct-deposit.) Now we know that account numbers and other mag-stripe data needed to clone the debit cards were also compromised in the breach.

    At the time, the company said it identified fraudulent activity on only 100 cards, making it sound like small beans. But it turns out the hacker managed to lift the withdrawal limits on those 100 cards, before dispatching an global army of cashers to drain them with repeated rapid-fire withdrawals. More than 130 ATMs in 49 cities from Moscow to Atlanta were hit simultaneously just after midnight Eastern Time on November 8.






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