Confessions of a Cybermule

["Fergie" <fergdawg () netzero net>]

Via Wired News.

[snip]

John Dillinger was a bank robber whose tool of trade was a machine gun.
But in today's cybercrime era, the weapon of choice for "John
Dillinger" is an MSR206, a card-writing machine used for encoding bank
account numbers and other data onto the magnetic stripe of bank credit
and debit cards.

John Dillinger is the online nick of a 44-year-old bank card thief who
says he's stolen about $150,000 in the last two years using
debit-account and PIN numbers obtained through hacking and phishing scams.

In March, he was one of many thieves who struck Bank of America,
Citibank, Wells Fargo and other banks and credit unions in a cash-out
operation that made national headlines and involved stolen
debit-account and PIN numbers taken from a hacked database.

According to Dillinger, he obtained at least 450 numbers from a Russian
hacker he met online, then used them to withdraw thousands of dollars
from ATM machines before banks canceled the cards and issued new ones
to customers.

[snip]

More here:
http://www.wired.com/news/technology/0,71479-0.html

- ferg


--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg(at)netzero.net
 ferg's tech blog: http://fergdawg.blogspot.com/


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