How Hackers Pulled Off the ATM Heist

he men had walked into the banks armed only with plastic cards that had magnetic strips encoded with data provided by the faraway hackers behind the scheme.

“In the place of guns and masks, this cybercrime organization used laptops and the Internet,” Lynch elaborated. “Moving as swiftly as data over the Internet, the organization worked its way from the computer systems of international corporations to the streets of New York City, with the defendants fanning out across Manhattan to steal millions of dollars from hundreds of ATMs in a matter of hours.”

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