Global Hack Nets $45 Million In ATM Crime Spree

first_imgRelated Posts Tags:#cybercrime#now readwrite Serverless Backups: Viable Data Protection for … Top Reasons to Go With Managed WordPress Hostingcenter_img How Intelligent Data Addresses the Chasm in Cloud Like numbers? Here’s some for your morning coffee… 2,904. 10. 2.4 million.Those numbers are integral to what federal prosecutors in Brooklyn allege occurred on February 19, when a team of eight men scattered throughout the Borough of Manhattan to make 2,904 ATM withdraws in the space of 10 hours, making off with about $2.4 million in New York alone.The heist was part of a larger global plot implemented at the same time that raked in about $45 million, all told.According to the indictment, the eight-person team in New York was the final stage in a process that first involved hackers gaining access to an Indian credit card processing vendor and then eliminating the limits on prepaid MasterCard accounts. Using the unlimited cards, teams around the world raided bank ATMs for cash before they financial institutions knew what hit them.The New York Times has more details on the ATM spree, which may be a taste of what’s to come as banks and credit card companies keep falling victim to criminal ingenuity.Image courtesy of Shutterstock. Cloud Hosting for WordPress: Why Everyone is Mo…last_img read more

Rahul Bajaj hails Union Budget 2011-12

first_imgLed by Bajaj Auto chairman Rahul Bajaj, the automobile industry has praised Finance Minister Pranab Mukherjee’s decision not to raise excise duty on vehicles in the Union Budget on Monday. “It is a good Budget… I congratulate Pranab Mukherjee for not raising excise duties on vehicles,” Bajaj said in Mumbai. “We are very happy the government has realised the importance of electric and hybrid vehicles also,” he said, adding, “The automobile industry will continue to grow.” In the 2010-11 budget, the Finance Minister had announced a 2 per cent increase in excise duty on large cars and sports and multi-utility vehicles. Maintaining excise duty at the same level will help boost sales volumes, Bajaj said. Mahindra & Mahindra (Automotive Sector) president Pawan Goenka had a similar view, stating, “The Finance Minister has taken the right decision of not increasing excise duties on vehicles. It will help grow the industry further in the coming days.” While presenting the Union Budget on Monday, Mukherjee said the standard rate of excise duty will be maintained at 10 per cent. “Finally, the finance minister has realised that hike in excise duties will result in lower demand for auto industry,” Atul Auto director Vijay Kedia said. “It is a practical Budget. The Minister has also allotted more funds for infrastructure development schemes, which would help to boost the auto sector, specifically commercial vehicles,” he said. The government on Monday also proposed the establishment of a National Mission for Hybrid and Electric Vehicles to encourage the manufacture and sale of alternative fuel-based vehicles.advertisement- With inputs from PTIlast_img read more

10 months agoAlex Sandro signs new deal with Juventus

first_imgTagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say Alex Sandro signs new deal with Juventusby Carlos Volcano10 months agoSend to a friendShare the loveAlex Sandro has signed a new deal with Juventus to 2023.The deal is reportedly worth €5m-a-year.”I thank all the people who helped me arrive where I am today,” wrote Alex Sandro on Instagram.“I am very happy to continue being part of the Juventus family.”The agreement puts the full-back in the top 10 for Serie A salaries, on a par with Juventus teammate Emre Can. last_img read more

10 months agoMan City boss Guardiola ponders loan move for ‘awesome’ Sandler

first_imgMan City boss Guardiola ponders loan move for ‘awesome’ Sandlerby Paul Vegas10 months agoSend to a friendShare the loveManchester City boss Pep Guardiola is delighted with the progress of Philippe Sandler.Former PEC defender Sandler was on the bench for this week’s Carabao Cup quarterfinal win over Leicester City.”We were planning to take him on tour for preseason, but unfortunately he came to us with injuries,” said Guardiola.”He has started training again in recent months and I have to say that he played’s awesome with the youngsters. It is not easy if you go back to a second team or a team of youngsters, but he has helped his teammates a lot and that says a lot. “We will now decide what is best for him, for the club and for his future perspective.” TagsTransfersLoan MarketAbout the authorPaul VegasShare the loveHave your saylast_img read more

a month agoLiverpool striker Brewster: Sturridge departure helps me

first_imgLiverpool striker Brewster: Sturridge departure helps meby Paul Vegasa month agoSend to a friendShare the loveLiverpool striker Rhian Brewster admits he feels he has a better first team chance with Daniel Sturridge’s departure.Sturridge left Anfield for Trabzonspor this summer after his contract expired, leaving the Reds a striker short.Klopp opted against signing a replacement, and Brewster sees this as an obvious boost to his chances and proof his opportunity is around the corner.”One less striker gives you more opportunity to break into the first team, so of course, Sturridge going there is more opportunity for me to play,” he told the Mirror.”You look at every single signing and Klopp not signing another striker, it seems he has faith in me to do a job as well.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

The CEO Of JPMorgan Chase Spoke To The Ohio State Football Team Today

first_imgAt Ohio State, head coach Urban Meyer has made it a habit of inviting successful people to speak to his team on topics outside of football. Today, the Buckeyes were joined by Jamie Dimon, the CEO of JP Morgan Chase, and the topic was leadership. Thank you to Jamie Dimon, CEO of JPMorgan Chase, for speaking to the team today on Leadership. pic.twitter.com/UOOACaUCmZ— Urban Meyer (@OSUCoachMeyer) February 12, 2015We know it’s Thursday, but today’s appearance by Dimon appears to go in line with Meyer’s “Real Life Wednesdays” tradition that he’s implemented. Ohio State put out a video about it in the fall.last_img read more

Bucks use losses to their advantage

When a team is dominating opponents in basketball, the best thing for it to do to maintain its edge is … lose?That’s right. Losing can be very beneficial to a team that gets too comfortable winning easily.In women’s basketball, some teams have been able to go undefeated and win a national championship, but that is not common. Connecticut is the only team to do so in the last seven years, winning it all while remaining unbeaten last season. Not including Connecticut, championship teams have an average of three losses in each of the last seven years.Ohio State women’s basketball has made it into the NCAA Tournament each of the last seven seasons. Of those appearances, two have resulted in Sweet 16 berths, their deepest runs in the tournament over that span.These seasons occurred in ‘05, with four losses recorded, and ’09, with five losses. Those seasons compare very similarly to this season in the loss column, both in how the team lost and in number. They lost to Duke, a ranked team, after having a big win against California, ranked No. 15 at the time. Their losses against Purdue and Indiana came after a big win against Michigan and a blowout win over Minnesota.Last year’s team won the remainder of its games after two in-conference losses. This year’s team lost two games at about the same point in the year and is doing everything it can to not lose again.Center Jantel Lavender was so intent on improving after the loss to Purdue that coach Jim Foster said she stayed an hour after practice working to get better.“I hate to have a loss to have to learn something or go through ironing out team differences or ironing out little tweaks or minor things that can change the outcome of a game,” Lavender said. “It’s really frustrating to have to go through losing a game and … bringing a lot of things to light that you can really take care of before a loss happens in a game where it can be the difference between winning and losing.”Following the loss at Indiana, the team was more focused than ever. Every answer that players or coaches gave reporters involved improving the team and becoming better players.“We just know that there are things that we need to change and focus in on … we’re making sure we’re doing what we need to do,” center Andrea Walker said. “Attention to detail. We watch ourselves on film and see things we should have done and things that we weren’t doing right.”Since the team lost two of three games a couple weeks ago, it has won both of its games against Iowa and Penn State. More importantly, the Buckeyes are looking like the team that began the year 20-1 by scoring more than 80 points a game and having a sizeable advantage in rebounds.All of this improvement — and it only took two losses that shocked the focus right back into the team. read more

Tiger speaks to the media at Augusta

Tiger Woods answered questions Monday from a large gathering of reporters at Augusta National in preparation for The Masters, golf’s first major, which begins Thursday. It was the first time Woods spoke to the media, aside from a pair of brief, five-minute interviews with ESPN and The Golf Channel, since a sequence of events stemming from a Thanksgiving Day car accident revealed Woods’ involvement with a number of mistresses and his subsequent entry into rehab.Below is audio from Woods’ press conference. Tiger Woods at the Masters by The Lantern OSU read more

Mens volleyball teams run ends at Final Four

The No. 10 men’s volleyball team was swept 3-0 by No. 1 Stanford in the NCAA Championship semifinals last Thursday.Sophomore Shawn Sangrey earned a team-high 12.5 points.Giving up 11 service errors in the match, the Buckeyes gave up the battle in the third set, falling 30-17.Stanford went on to defeat No. 12 Penn State in the finals 3-0 on its home court, Maples Pavilion on Saturday.