Info leaked from SA bank used in Japanese fraud scheme
Standard Bank is the South African bank referred to in Japanese reports as the institution whose data leak resulted in almost R200-million being stolen from ATMs in Japan‚ BDlive reported on Monday. "The South African banking operations of Standard Bank Group have been the victim of a sophisticated‚ coordinated fraud incident‚" it quoted the bank as saying.Info from 1600 credit cards issued by it were used to commit the fraud in “the space of two hours”‚ a Japanese news site reported on Sunday.The Mainichi said that police believed that it involved 14000 transactions and 100 people in the “coordinated…unlawful withdrawal”.“The theft at convenience store ATMs took place in the morning of May 15 in Tokyo and 16 prefectures across the country‚” the site reported.It added that “Japanese police will work with South African authorities through” Interpol. – TMG Digital..
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