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+ - Author of Cash-Spitting ATM Malware Heads to Jail-> 1

Submitted by wiredmikey
wiredmikey (1824622) writes "A former Bank of America (BOA) computer programmer was sentenced to 27 months in federal prison this week, after he installed malware on Bank of America ATMs that allowed him to suck out large amounts of cash from the machines.

Hired to work on a project involving the bank’s ATM systems, he installed malware on certain ATMs that caused them to disburse cash without any transaction record of the disbursements. The code enabled him to suck approximately $285,000 from the machines."

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Author of Cash-Spitting ATM Malware Heads to Jail

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  • by Jah-Wren Ryel (80510) on Friday May 20, 2011 @06:49PM (#36196864)

    From the sparse details in the article it sounds like the guy used his hack within a few months or less of deployment and that he took large amounts. He should have taken a long term approach and waited like 5 years and then only gone for small amounts. $20 here, $50 there. Using the backdoor code like his own regular ATM card, instead of treating it as a jackpot on a slot machine. How cool would it be to be able to walk up to any of those ATMs and get $20 whenever you needed it? That sort of thing would probably go completely unnoticed, the losses being chalked up to mechanical errors.

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