Eight Hackers Indicted in $9 Million Fraud Ring

Kara Reeder

According to The Wall Street Journal, the Department of Justice has indicted eight Russian and Eastern European computer hackers for allegedly breaking into ATMs in hundreds of cities worldwide and stealing $9 million in a matter of hours.


Officials claim that the hackers cracked a computer system at RBS WorldPay Inc. and cloned prepaid ATM cards, which they then used to withdraw cash from 2,100 ATMs from 280 cities around the world. The DOJ estimates that the entire attack took place over a span of 12 hours, reports V3.co.uk.


Reuters notes that Estonian officials have arrested four of the individuals, one of whom is awaiting extradition to the U.S. The rest remain at large.

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