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March 1, 2016

Master Hacker Behind $55 Million ATM Cyber Spree Pleads Guilty

Turkish hacker Ercan Findikoglu, 34, has plead guilty in a federal court in Brooklyn today to five counts leading to a worldwide scheme that saw stolen debit card data result in a cyber heist of $55 million from ATMs around the world.

The mastermind behind one of the most successful and coordinated banking heists in history plead guilty in a federal court to five counts including computer intrusion conspiracy, Reuters reported today.

Findikoglu was the leader of the scheme which saw one particular heist in 2013 result in the withdrawal of a massive $40 million from multiple ATMs across 24 countries. The duration of the well-coordinated heist was a mere 10 [...]

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