It’s a lot easier than you might think for the Ruskies to start vacuuming funds from your account after they steal the account number and PIN codes from Office Max.
the russian connection
“Following an extensive review of its security systems, OfficeMax says it has no reason to believe it was the company that suffered the data breach that resulted in thousands of cases of debit card fraud,” in a CNET report pointed to us by reader John.
Rest a little easier, the “Russian Connection” ATM scammers have been captured.
That’ll go far. Every time a Russian scammer buys 1000 gross of babushkas using your stolen debit card info, you get three Lincolns!
“The banking industry is less than halfway through this latest scam, which will continue to affect large numbers of cardholders.”
The ATM PIN block attacks has other consequences besides just your money getting siphoned off by scammers 2,000 miles away.
Two stories giving some perspective on the ATM break:
Would you like to see something scary?
More signs point to OfficeDepot/OfficeMax and Sam’s Club/Wal-Mart as being the retailers suspected of letting thousands of customer’s debit cards and PINs to be stolen (see ATM Fraud UPDATE: Wal-Mart, OfficeMax, Sam’s Club, Office Depot Suspected).
A new article by ConsumerAffairs.com claims that the Citibank investigation into thousands of stolen debit cards and PINs centers on two 3rd party retailers.
Ok, so hackers snagged possibly up to six figures of people’s debit card info from an unspecified retailer’s security breach. But who? WHO is the retailer stupid enough to let this happen?
Here’s what’s up with the Citibank card scandal. There’s an ATM crime wave. Not just Citibank customers but anyone could be at risk.
Citigroup spokesperson Elizabeth Fogarty released the following statement to us regarding the ATM crisis:
Here’s a spoof of Citibank’s hoary “Live Richly” ad campaign, penned by Adfreak’s Tim Nudd.
EXCLUSIVE: More dirt on the Citibank ATM failures. What happened after we posed as a concerned customer, as well as secret codes for hassling the Citibank public affairs department after the jump…
Citibank may bee trying to keep this huge scandal so under wraps that they haven’t even disclosed it internally, leaving Citibank workers just as clueless as to why many customers can’t access their accounts in Canada, the UK and Russia. Is there a systemic security breach?