CitiBank ATM's at 7-Eleven stores in the middle of a scam
July 1, 2010
Total Loss:
$2 Million
A case in a District Court in New York revealed a hack perpetrated on CitiBank ATM's installed in 7-Eleven Stores across the US. Prosecutors have opened a case against three people, Yuriy Rakushchynets, Ivan Biltse and Angelina Kitaeva for allegedly breaking into back-end processing systems of Citibank's ATM setup and stealing approximately $2 Million dollars using stolen PIN numbers.
It is still unclear how the high security-profile system was hacked. It is believed, however, that it was achieved by targeting back-end servers controlling the bank's 5700 ATM's at 7-Eleven locations across US. The ATM's were generally built around the Windows operating system and enabled facilities to test and repair the machines online. It is suspected that the PIN numbers were hijacked during transit between the servers and individual ATM machines.
Source:
Fraud and Scam News
Posted in:
Debit Card Fraud