Feeds

Bank insider charged over ATM malware scam

BofA BOFH cuffed

Beginner's guide to SSL certificates

An IT worker at Bank of America has been charged with hacking ATM systems so that machines handed out cash without recording his transactions, IDG reports.

Rodney Reed Caverly, of Charlotte, North Carolina, was charged with a single count of computer fraud over the alleged creation of malware that infected bank computers and ATMs. The alleged miscreant used his inside knowledge as a member of staff responsible for designing and maintaining computer systems and cash machines to carry out the crime, prosecutors charge.

Fraudulent withdrawals took place between March 2009 and October 2009. Losses to the bank are unspecified at this stage of legal proceedings, but above the $5,000 minimum necessary to file computer fraud charges.

Bank Infosecurity reports that the fraud, which did not affect customer accounts, was detected using the BofA's internal control system.

Caverly, who faces charges punishable upon conviction by a prison sentence of up to five years, is next due to appear before a Charlotte court next Tuesday (13 April). ®

Protecting users from Firesheep and other Sidejacking attacks with SSL

More from The Register

next story
Spies would need SUPER POWERS to tap undersea cables
Why mess with armoured 10kV cables when land-based, and legal, snoop tools are easier?
Early result from Scots indyref vote? NAW, Jimmy - it's a SCAM
Anyone claiming to know before tomorrow is telling porkies
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
YouTube, Amazon and Yahoo! caught in malvertising mess
Cisco says 'Kyle and Stan' attack is spreading through compromised ad networks
Hackers pop Brazil newspaper to root home routers
Step One: try default passwords. Step Two: Repeat Step One until success
China hacked US Army transport orgs TWENTY TIMES in ONE YEAR
FBI et al knew of nine hacks - but didn't tell TRANSCOM
Microsoft to patch ASP.NET mess even if you don't
We know what's good for you, because we made the mess says Redmond
NORKS ban Wi-Fi and satellite internet at embassies
Crackdown on tardy diplomatic sysadmins providing accidental unfiltered internet access
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.