Wednesday, July 2, 2008

PINs stolen from Citibank ATMs

We all worry about keeping our online passwords safe from prying eyes. But now our faith in ATM PIN codes is being shaken.

Three people face charges in federal court in New York for allegedly breaking into Citibank's ATM network inside 7-Eleven stores and stealing PIN codes, according to court filings reported on by The Associated Press on Tuesday.

The alleged thieves made off with about $2 million between October 2007 until March of this year. Officials believe they remotely broke into the back-end computers that approve cash withdrawals and grabbed the PINs as they were being transmitted from the ATMs to the transaction processing computers, which increasingly use Windows, the report says.

Wired News was the first to report on the ATM network breach.

No comments: