Feeds

Saudi cops cuff four for mad bank card scam

Easy money

Providing a secure and efficient Helpdesk

Four teenage Saudis have been arrested over a technically implausible ATM scam said to have netted US$533,000 (two million Saudi Riyals) over two years.

The unnamed youngsters from the Taif area of Western Saudi Arabia apparently discovered game cards from the local mall allowed them to withdraw the same amount of money as the last previous legitimate ATM customer. The Terminator 2-style trick only worked at the machines run by one particular bank which "used an old system", according to authorities.

Funds came straight out of the bank's reserves and not from those of the previous customer. Bank officials reportedly noticed the discrepancies and called in the police, who tracked down one of the miscreants using video records and photos taken by ATM cameras.

The arrest of one of the group led to the arrest of three of his cohorts, who had used their ill-gotten gains to buy five cars, various Japanese imports.

Local reports are technically sketchy and fail to explain how the ATM machines, however old they were, accepted game cards.

The only theory that comes to mind is that the game cards were in some way similar to maintenance cards used by engineers to service the machines. This doesn't seem at all likely, and it seems more plausible that some sort of ATM skimming and reprogramming of the game cards was involved in the scam. ®

New hybrid storage solutions

More from The Register

next story
Google recommends pronounceable passwords
Super Chrome goes into battle with Mr Mxyzptlk
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Reddit wipes clean leaked celeb nudie pics, tells users to zip it
Now we've had all THAT TRAFFIC, we 'deplore' this theft
Infosec geniuses hack a Canon PRINTER and install DOOM
Internet of Stuff securo-cockups strike yet again
YouTube, Amazon and Yahoo! caught in malvertising mess
Cisco says 'Kyle and Stan' attack is spreading through compromised ad networks
TorrentLocker unpicked: Crypto coding shocker defeats extortionists
Lousy XOR opens door into which victims can shove a foot
Greater dev access to iOS 8 will put us AT RISK from HACKERS
Knocking holes in Apple's walled garden could backfire, says securo-chap
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.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.