<div dir="ltr"><a href="https://asiancorrespondent.com/2016/05/japan-13million-atm-hacking/">https://asiancorrespondent.com/2016/05/japan-13million-atm-hacking/</a><br><br><p>A LARGE group of hackers in Japan stole a total of US$12.7 million
(1.4 billion yen) from over 1,000 automated teller machines in the span
of two hours earlier this month, according to local reports.</p>
<p>Quoting sources, <a href="http://mainichi.jp/english/articles/20160522/p2g/00m/0dm/044000c">The Mainichi</a> reported the sum was stolen from ATMs placed in convenience stores throughout the country.</p>
<p>Authorities believe the money was withdrawn using fake credit cards
with duplicated information that was leaked from a bank in South Africa.</p>
<p>Police estimate at least 100 people were involved in coordinating the high-tech robbery.</p><p>According to the report, the ATM thefts took place on May 15 at
convenience stores scattered across 16 prefectures in the country.</p>
<p>The police are now scrambling to identify the suspects with help
from its South African counterparts via Interpol. They are also looking
into how the credit card information was acquired.</p>
<p>According to <a href="http://www.computerworld.com/article/3074117/security/100-thieves-stole-127-million-from-atms-in-25-hours.html">Computerworld</a>,
each person on average withdrew the maximum of 100,000 yen (US$913)
from the 14,000 transactions involving 1,600 credit cards. The group
mainly targeted ATM cash machines in 7-11 convenience stores as they
accept foreign credit cards.</p>
<p>In a statement, South African Standard Bank claimed it was “victim of a sophisticated, coordinated fraud incident”.</p>
<p>“This involved the withdrawal of cash using a small number of fictitious cards at various ATMs in Japan,” it said.</p>
<p>However, the bank assured its customers that they did not suffer any financial losses.</p><br></div>