Hackers Hit CitiBank?


Posted June 19, 2008 - By Stephen Johnson

It's one thing to have your debit card ripped off when you run it through a shady scanner at a dark gas station, but if the Feds are right about some recent NYC credit card fraud, it's an order or magnitude worse: Federal prosecutors have charged two Brooklyn men with stealing almost a million bucks by compromising Citibank's ATM security.

Although Citibank has denied that its systems were hacked to the press, bank representatives warned the FBI  that "a Citibank server that processes ATM withdrawals at 7-Eleven convenience stores had been breached."

Ouch. That's bad.

The accused, Yuriy Ryabinin, was apparently a regular on internet groups about credit card fraud, and was captured after FBI agents compared a picture of him on a website with security camera footage.

When police raided Ryabinin house, they apparently found his computer logged into a carding forum. They also found "a magstripe writer, and $800,000 in cash, including $690,000 in garbage bags, shopping bags and boxes stashed in the bedroom closet. Another $99,000 in cash turned up in one of the safe deposit boxes rented by Ryabinin and his wife, Olena."

Wired: Citibank Hack Blamed for Alleged ATM Crime Spree

Hackers Hit CitiBank?


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