Friday, May 10, 2013

Huge cyber bank heist nets $45 million in 27 countries

In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into their credit card processing firms and withdrawing money from ATMs in 27 countries, US prosecutors said on Thursday.

New York federal prosecutors accused eight men of allegedly forming the New York-based cell of the organization, and said seven of them have been arrested. The eighth defendant was reported to have been murdered in the Dominican Republic on April 27, according to US prosecutors.

He was allegedly a leader of the cell and reported to ringleaders believed to be outside the United States.