Feeds

3 Bulgarians charged in 44-day ATM hacking spree

Skimming proceeds top $137,000

Website security in corporate America

Three Bulgarian men were charged Wednesday with defrauding banks of more than $137,000 in a scheme that attached electronic skimming devices to numerous automatic teller machines in Massachusetts.

In the 44-day hacking spree, the men planted skimmers on ATMs maintained by Bank of America and Citizens Bank and secretly recorded information stored on the magnetic strips of cards as they were being used. The men also allegedly used concealed cameras to record the corresponding personal identification numbers.

The men compromised "numerous" ATMs throughout eastern Massachusetts and stole more than $120,000, according to a press release issued by federal prosecutors in Boston. Court documents filed in the case said proceeds from the alleged crime were $137,724.

Wednesday's indictment named Ivaylo Hristov, 28, and Anton Venkov, 40, both Bulgarian nationals who resided in Toronto. It also named Vladislav Vladev, 36, of Sofiya, Bulgaria. They were each charged with using counterfeit ATM cards, bank fraud, and aggravated identity theft. Hristov and Vladev were also charged with possession of device-making equipment.

If convicted, Hristov and Vladev face a maximum of 57 years in prison and $1.25m in fines. Venkov faces a maximum of 42 years and fines of $1.25m. Attempts to reach the men or their attorneys for comment were not successful.

Police in Utah said recently that skimmers attached to a gas station pump stole at least $11,000 and may have remained active for as long as 60 days. ®

Protecting users from Firesheep and other Sidejacking attacks with SSL

More from The Register

next story
Early result from Scots indyref vote? NAW, Jimmy - it's a SCAM
Anyone claiming to know before tomorrow is telling porkies
Home Depot: 56 million bank cards pwned by malware in our tills
That's about 50 per cent bigger than the Target tills mega-hack
Hackers pop Brazil newspaper to root home routers
Step One: try default passwords. Step Two: Repeat Step One until success
UK.gov lobs another fistful of change at SME infosec nightmares
Senior Lib Dem in 'trying to be relevant' shocker. It's only taxpayers' money, after all
Critical Adobe Reader and Acrobat patches FINALLY make it out
Eight vulns healed, including XSS and DoS paths
Spies would need SUPER POWERS to tap undersea cables
Why mess with armoured 10kV cables when land-based, and legal, snoop tools are easier?
TOR users become FBI's No.1 hacking target after legal power grab
Be afeared, me hearties, these scoundrels be spying our signals
Blood-crazed Microsoft axes Trustworthy Computing Group
Security be not a dirty word, me Satya. But crevice, bigod...
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.