bank security

  harps1h 16:37 21 Aug 2005

here's an article about hackers stealing money from the northern bank. apparently no cards were hurt in the making of this money click here

  bremner 16:59 21 Aug 2005

Duff link?

  harps1h 20:27 21 Aug 2005

yeah it was, but here is the article below

THE NORTHERN Bank has been hit by another cunning criminal cash scam, Sunday Life can exclusively reveal.

Crafty criminals apparently cracked the bank's computer systems - and nicked money from one of its automatic cashpoint machines.

The undisclosed wad of notes was stolen from a Northern Bank ATM in Belfast, apparently using a stolen card, last week.

But Sunday Life can reveal that the fraudsters mysteriously managed to hoodwink the money from the bank's coffers - without it being debited from the stolen credit card customers' account.

The Northern Bank - already victims of the biggest cash robbery in UK history, when £26.5m was stolen from its Belfast headquarters last December - has now been forced to install new computer software to beat the cyber-robbers.

A Northern Bank spokesman said: "We wish to stress that no customer of ours was affected in any way. "It was a fraud committed against the bank, not against any individual.

"What we have done, is install software into our ATM network to prevent this from happening again and make Northern Bank ATMs safe for our customers."

The spokesman would not comment on the actual method used to steal the money from the machines.

A police spokeswoman confirmed that the Northern Bank had been in contact with them and that "further enquiries are being made".

The London based APACS - Association for Payment Clearing Services - said that this may be the first instance of this type of a cash card fraud, to be committed in the UK.

A spokesman for the industry watchdog on plastic bank card fraud added:"We will certainly be looking into this. But it definitely can be counteracted. There is no need for the public to be alarmed."

However, one financial industry source described the new scam as "very serious indeed" and said that all banks in Northern Ireland have now been alerted, as a result.

Added the source: "It is an ongoing battle against these people, who are getting increasingly sophisticated in what they are doing.

"It is becoming increasingly difficult for the banks to combat.

"Astronomical amounts of money are being stolen from banks every year, but banks aren't being complacent and view the latest scam as being very serious."

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