Security News > 2016 > May > Criminals stole $12.7 million from ATMs in Japan (Help Net Security)

In the early morning hours of May 15, 2016, a group of over 100 people executed coordinated, fraudulent ATM withdrawals that netted them about 1.44 billion yen. In a period of less than three hours, the members of the group went around Tokyo and 16 other prefectures, and repeatedly withdrew 100,000 yen from ATMs located in convenience stores. All in all, over 14,000 fraudulent withdrawals have been executed with the help of forged payment cards. … More →

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