7-Eleven stores are known for their convenience. Hackers conveniently tapped Citibank’s network ATMs within 7-Eleven stores to steal the PIN codes of customers.
The Associated Press reports that a recent court filing revealed scammers were able to net at least $2 million from October 2007 to March 2008 by exploiting a security hole in the ATM network through a sever at a third-party processor. While the ATMs are branded by Citibank, the company itself does not own or operate them, according to CrunchGear. That honor goes to Cardtronics and Fiserv.
A total of seven people have been arrested in the case. The trial for Yuriy Rakushchynets, Ivan Biltse and Angelina Kitaeva has already begun, reports vnunet.com. Speculation remains on exactly how the gang pulled off the theft and the number of Citibank customers who were effected.
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