Tuesday, July 8, 2008

Identity thieves steal PIN numbers from convenience store ATMs

Hackers broke into Citibank's network of ATMs inside 7-Eleven stores and stole customers' PIN codes, according to recent court filings that revealed a disturbing security hole in the most sensitive part of a banking record.

The scam netted the alleged identity thieves millions of dollars. But more importantly for consumers, it indicates criminals were able to access PINs - the numeric passwords that theoretically are among the most closely guarded elements of banking transactions - by attacking the back-end computers responsible for approving the cash withdrawals.

More at: http://www.securityinfowatch.com/online/Financial/Citibank-ATMs-hacked-by-thieves/16404SIW339
or http://tinyurl.com/6kwcaz

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