ATM looting

{{Short description|Method of bank robbery}}

{{Globalize|1=article|2=us|date=December 2023}}

{{Use mdy dates|date=September 2020}}

An ATM looting is a type of bank robbery in which a series of cash machines are robbed of cash. The thieves do the looting by using identity fraud to create debit cards containing other people's banking information, then they withdraw money from other peoples' bank accounts.

Lootings

In November 2008, an international team of thieves stole {{USD|9}} million from ATMs around the world using fake cards which took money from Worldpay.{{Cite magazine|url=https://www.wired.com/2009/02/atm/|title=Global ATM Caper Nets Hackers $9 Million in One Day|magazine=WIRED|language=en-US|access-date=May 24, 2016 |last1=Poulsen |first1=Kevin }}

In August 2011, an international team of thieves stole {{USD|13}} million from ATMs around the world using fake cards which took money from FIS, which is a company that issues pre-paid debit cards.{{Cite web|url=http://krebsonsecurity.com/2011/08/coordinated-atm-heist-nets-thieves-13m/|title=Coordinated ATM Heist Nets Thieves $13M — Krebs on Security|website=krebsonsecurity.com|date=August 26, 2011 |access-date=May 24, 2016}}

In May 2016, thieves in Japan stole 1.4 billion yen from ATMs at 1,400 convenience stores.{{Cite web|url=http://mainichi.jp/english/articles/20160522/p2g/00m/0dm/044000c |title=1.4 bil. yen stolen from 1,400 convenience store ATMs across Japan - The Mainichi |website=The Mainichi |language=en-US |access-date=May 24, 2016 |url-status=dead |archiveurl=https://web.archive.org/web/20160524034528/http://mainichi.jp/english/articles/20160522/p2g/00m/0dm/044000c |archivedate=May 24, 2016 }}

=2013 $45-million ATM cyber looting=

{{main|2013 $45-million ATM cyber looting}}

In December 2012 and February 2013, a cyber-ring of criminals, operating in more than 24 countries, stole {{USD|45}} million from thousands of Automated Teller Machines (ATMs).{{cite news |url=https://www.nytimes.com/2013/05/10/nyregion/eight-charged-in-45-million-global-cyber-bank-thefts.html |title=In Hours, Thieves Took $45 Million in A.T.M. Scheme |author=Marc Santora |work=The New York Times|date=May 9, 2013 |accessdate=November 18, 2014}} Roughly {{USD|5}} million was stolen around the world on December 21, 2012. Success led to expansion of the crime, when an additional {{USD|40}} million was stolen on February 19, 2013.{{cite web|url=http://www.indianexpress.com/news/it-watchdog-probing-breach-in-atm-heist/1114917/ |title=IT watchdog probing breach in ATM heist |publisher=Indian Express |date=May 13, 2013 |accessdate=June 20, 2013}}

References