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Cyber Bank Robbery in Texas

The lines are blurring between cybercrime and physical world crime. A bank in Texas was robbed with a combination of hacking and fake ATM cards according to the Sun Hearld. OmniBank of America disclosed the robbery and noted no depositors lost funds.

They stole scores of account numbers, created new PINs, fabricated debit cards, then withdrew cash from ATMs in Eastern Europe, including Russia and Ukraine, as well as in Britain, Canada and New York.

The bank had indications of a problem from multiple sources, again from the SunHearld:

The bank learned of the breach from customers inquiring about unusual activity in their accounts, from internal monitoring and from a law-enforcement agency, which Carter declined to name.

The fact that this robbery was detected in a few different ways falls under the good news category; the bad news comes from security experts who don't seem all that surprised to hear this story:

Martin Carmichael, the Plano, Texas-based chief security officer at McAfee [and sponsor of this site], a computer-security firm, said this type of cyber-attack has become "a commonplace occurrence," although some banks are reluctant to admit that their security has been breached.

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Dan Sullivan's Bio:

Dan Sullivan is a systems architect with 20 years of IT experience that includes engagements in enterprise security, application design, and systems architecture. His experience includes a broad range of industries, including financial services, manufacturing, government, retail, gas and oil production, power generation, and education. Dan’s security-related project work has ranged from requirements analysis for enterprise information security to designing and implementing security for database applications and enterprise portals. Dan has written about information security and other enterprise information management topics for Business Security Advisor, DM Review, Intelligent Enterprise, and E-Business Advisor. You can contact Dan at: dan_sullivan@realtimepublishers.net