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Tuesday, September 26, 2006

 

ATM Hack Uncovered

`A security expert in New York has learned how to get free money from some ATMs by entering a special code sequence on the PIN pad.

Last week, news reports circulated about a cyber thief who strolled into a gas station in Virginia Beach, Virginia, and, with no special equipment, reprogrammed the mini ATM in the corner to think it had $5.00 bills in its dispensing tray, instead of $20.00 bills.

Using a pre-paid debit card, the crook then made a withdrawal, and casually strolled off with a 300% profit in his pocket.’




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