Threat Management, Malware

Report: ATM hackers flee Thailand after stealing $350,000 from state-run bank

Five suspected cyberthieves have fled Thailand after allegedly stealing approximately 12 million baht ($350,000 U.S.) in cash from 21 malware-infected ATMs operated by the state-run Government Savings Bank (GSB), the Bangkok Post has reported.

Citing a senior police source, the Post article states that the Royal Thai Police Office possesses compelling evidence implicating five Eastern Europeans in the heist, including witness accounts and security camera footage of the perpetrators removing the cash after infecting ATMs with “specially made electronic cards produced in the Ukraine.”

The incidents took place in six different provinces from July 7-30. The suspects are believed to be behind similar ATM thefts in Taiwan this past July, the report continues.

Bradley Barth

As director of multimedia content strategy at CyberRisk Alliance, Bradley Barth develops content for online conferences, webcasts, podcasts video/multimedia projects — often serving as moderator or host. For nearly six years, he wrote and reported for SC Media as deputy editor and, before that, senior reporter. He was previously a program executive with the tech-focused PR firm Voxus. Past journalistic experience includes stints as business editor at Executive Technology, a staff writer at New York Sportscene and a freelance journalist covering travel and entertainment. In his spare time, Bradley also writes screenplays.

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