Feeds

3 Bulgarians charged in 44-day ATM hacking spree

Skimming proceeds top $137,000

The Essential Guide to IT Transformation

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. ®

Build a business case: developing custom apps

More from The Register

next story
14 antivirus apps found to have security problems
Vendors just don't care, says researcher, after finding basic boo-boos in security software
'Things' on the Internet-of-things have 25 vulnerabilities apiece
Leaking sprinklers, overheated thermostats and picked locks all online
iWallet: No BONKING PLEASE, we're Apple
BLE-ding iPhones, not NFC bonkers, will drive trend - marketeers
Only '3% of web servers in top corps' fully fixed after Heartbleed snafu
Just slapping a patched OpenSSL on a machine ain't going to cut it, we're told
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Israel's Iron Dome missile tech stolen by Chinese hackers
Corporate raiders Comment Crew fingered for attacks
Tor attack nodes RIPPED MASKS off users for 6 MONTHS
Traffic confirmation attack bared users' privates - but to whom?
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.