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ATM Skimming Ring Compromised 6,000 Bank Accounts

Orome1 (1901578) writes | about a year and a half ago

Security 0

Orome1 writes "U.S. federal authorities have announced the filing of an indictment against two alleged leaders of an international scheme to steal customer bank account information using “skimming” technology that secretly recorded the data of customers who used ATMs at banks in New York, New Jersey, Illinois, and Wisconsin. The ring targeted J.P. Morgan Chase (“Chase”), and Capital One, N.A. banks. Throughout the course of the scheme, they engaged in over 50 skimming incidents that resulted in the compromise of over approximately 6,000 individual bank accounts, from which the defendants made and attempted to make over approximately $3 million in unauthorized withdrawals."
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