Introduction: Heists: Cybercrimes with Ben Hammersley (02:30)
In 2013, criminals stole millions from ATMs and credit card numbers from Target. Violent crime is less common and it could be because of the increase of cybercrime; cybercrime makes violence unnecessary.
ATM Scheme (03:07)
On February 19, 2013 a man in New York City walked 11 miles, withdrawing money from every ATM he saw. The criminal group he was a part stole prepaid debit card numbers from Bank Muscat and gave them unlimited withdrawal amounts. All told, the group stole $45 million in 24 countries.
Cybercrime Ranking Order (03:57)
Organized cybercrimes usually have a criminal hacker and an organized criminal. They choose a victim and input malware into the system so they can gain access. The masterminds enlist managers throughout the world to manage the “cashers” who produce physical money.
Carderplanet, created in 2001, revolutionized cybercrimes. At 16-years-old, Dmitry Golubov created a system to buy and sell stolen credit cards online. Roman Vega created an escrow system to check the credit cards, ensuring they worked, which created trust among criminals.
Target Heist (02:16)
Credit card numbers expire fast when someone discovers a breach. Hackers sent spam emails to a Target contractor, opening a pathway to the Target cash registers. The massive data breach allowed criminals to steal data on credit card strips and create new cards.
In March 2013, a 17-year-old hacker known as Ree4 created a malware called BlackPos and sold it to cybercriminals throughout the world. In the U.S., hackers found a backdoor into Target’s system. On November 27th, the system went live, stealing credit card numbers from thousands of people.
Breech Reporting (01:30)
Target admitted they knew of the breach and waited days before telling their customers; this is not uncommon. In many cybercrimes, a business will not press charges so they do not have to reveal the breach to customers.
Arresting Bank Muscat Mules (02:31)
In May 2013, eight people were arrested for their involvement in the Bank Muscat heist. Spending activities, photos, email conversations, and ATM security footage made it easy to arrest the criminals.
Cybercrime vs. Violent Crime (03:22)
Cybercrime, thought to be more “white collar,” grew exponentially while violent crime rates fell. Alberto Lajud-Pena, thought to be the head of the ATM heist, was shot in the head after he fled to the Dominican Republic.
Credits: Heists: Cybercrimes with Ben Hammersley (00:26)
Credits: Heists: Cybercrimes with Ben Hammersley
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