Wtf - 3000 ATM withdrawals in the same card and no alarms go off? Presumably there is a "ignore flags flag" they set too!
So this just reminds me of the Microsoft paper a few months back - the problem is not robbing the electronic bits, the problem is getting them out of the financial system.
In the traditional bank transfer they need a money mule stupid enough to transfer to a Russian bank. In this one the people with the (inside) knowledge to uncap 12 cards needed to find 100 guys walking up to atms, plus their supervisors and contacts.
So it seems either you can rob a bank but need an idiot to help you get it out the country, or you can rob a bank and need a guy who happily sends hooded killers round to your place.
So this just reminds me of the Microsoft paper a few months back - the problem is not robbing the electronic bits, the problem is getting them out of the financial system.
In the traditional bank transfer they need a money mule stupid enough to transfer to a Russian bank. In this one the people with the (inside) knowledge to uncap 12 cards needed to find 100 guys walking up to atms, plus their supervisors and contacts.
So it seems either you can rob a bank but need an idiot to help you get it out the country, or you can rob a bank and need a guy who happily sends hooded killers round to your place.
All for what Zuckerberg sees as small change.