Japan an alluring target for Standard Bank ATM thieves

May 25, 2016

Japan an alluring target for Standard Bank ATM thieves

Criminals who stole millions of dollars from automatic teller machines across Japan in a three-hour spree probably chose the country because banks consider it a low fraud risk, security experts say. The gang used counterfeit Standard Bank credit cards to withdraw ¥1.4 billion in ...

Cyberthieves exploit banks' faith in SWIFT transfer network

May 22, 2016

Cyberthieves exploit banks' faith in SWIFT transfer network

On Jan. 12, 2015, a message from a secure computer terminal at Banco del Austro (BDA) in Ecuador instructed San Francisco-based Wells Fargo to transfer money to bank accounts in Hong Kong. Wells Fargo complied. Over 10 days, Wells approved at least 12 transfers ...

Masterpieces lost in Italian museum heist are recovered in Ukraine

May 12, 2016

Masterpieces lost in Italian museum heist are recovered in Ukraine

Paintings including masterpieces by Rubens and Tintoretto that were stolen from a Verona museum last year have been found in Ukraine, Italy’s culture minister said Wednesday. “It is a great day,” the minister, Dario Franceschini, said in a statement. “The artworks will soon be ...

Bangladesh Bank heist used compromised SWIFT software

Apr 25, 2016

Bangladesh Bank heist used compromised SWIFT software

The attackers who stole $81 million from the Bangladesh central bank probably hacked into software from the SWIFT financial platform that is at the heart of the global financial system, said security researchers at British defense contractor BAE Systems. SWIFT, a cooperative owned by ...

London detectives hunt burglar nicknamed 'Wimbledon Prowler'

Apr 3, 2016

London detectives hunt burglar nicknamed 'Wimbledon Prowler'

Cunning gentleman thieves have seduced romantics from the days of Robin Hood through to Hollywood’s heyday — and now London is transfixed by the real-life antics of the “Wimbledon Prowler.” The prolific burglar is suspected of carrying out hundreds of break-ins around one of ...