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Monday, August 27, 2012

The Romanians Hacked Australian Credit Cards

The local police have confirmed that the Romanian hackers have somehow managed to steal over $25,000,000 from 500,000 Australian credit cards. This is quite a sum for just four people, and they must be carefully hiding from the police to not get caught after all.

The country’s Federal Police had to confirm that they were working with law enforcement agencies all over the world in the attempt to tackle the organized hackers. The intrusion seems to have come after the attackers took out a number of merchants whose individual computer systems appeared to be compromised.

Media reports say that there’s evidence that the same hacker group has been responsible for a hack of the American chain of Subway restaurants.

Four citizens of Romania have been charged over millions of dollars in credit card fraud that affected around 80,000 bank customers. The so-called “syndicate” used to find its victims by simply scanning the web for vulnerable point of sale terminals. The police of Australia claimed that the borderless nature of this crime would cause much of the new headaches for the law enforcement authorities. The matter is that not only do the police need to co-operate with other police forces, but also require international and private sector co-operation in order to track and to take down the criminals.

However, this is obviously not very easy to do. The police can’t take down the hackers because they are finding even softer targets with local chippies with insecure point of sale machines than the attackers do with either banks or supermarket chains. So, the bank customers are still under threat, and the police can’t promise the safety for their money.

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