He re-programmed the ATMs to dispense $20 dollar bills instead of $1 ones.

Actually, according to federal prosecutors, he went to a lot of them.

Most ATMs secure this mode by using a secret passcode.

Two Tennessee blokes use default ATM codes to steal over $400,000

Fattah, being a former bank employee, knew this code and abused it to hack into the machines.

Once withdrawn, they programmed the machine back so that their little exercise wasnt detected.

The hack shows how little details can be misused.

spot_img

The companies responded to Jacks research by closing those holes.

The scam

Fattah along with his friend Folad have been carrying out this scam since January 2009.

Together, they have allegedly withdrawn $400,000- money which the government now hopes to recover from them.

They repeated this scam across most of the ATMs in the city of Nashville.

When contacted, Folad referred inquiries to his attorney.

His lawyer also declined to comment.

Tritons master passcode was 123456.

This was used by many cybercriminals to loot the Tranax and Trident ATMs then.

That led to an uncommon phenomenon in the world of cybercrime: hacking as a street crime.

Nobody likes talking about fraud, especially when its against them, Tente says.

Independent operators and financial institutions are very tight lipped about this sort of thing.

But theres some evidence that operator passcodes are still an issue, he notes.

The boys immediately notified the bank, which changed the code.

source: www.techworm.net