A group of cyber criminals ,more than 100 has allegedly stolen 1.44 billion yen $13 million USD from 1,400 convenience stores from automated teller machines (ATM) all over Japan in just 2½ hours.
These cyber criminals have used fake credit cards, using leaked data from a South African bank hence investigations on an international level will be conducted with the help of Interpol, according to the Japan news. The Japanese police are also planning to find the culprits with the help of security cameras located in the respective ATMs.
The targeted ATMs were installed in the city of Aichi, Fukuoka, Kanagawa, Osaka and Tokyo while the gang withdrew 100,000 Yen from all 1400 ATMs. The daily withdrawal limit per machine was 100,000 Yan making it exactly 1.44 billion Yen.
This Japanese ATM scandal is a good example of how the leaked data can be used to steal a large amount of money without any suspicion. It also exposes the dangers of leaked data which is available on the Internet.