Take Two®

News and culture through the lens of Southern California. Hosted by A Martínez

Five suspects arrested in $45 million ATM bank heist

by Take Two®

60404 full
This week's massive cyber-heist was facilitated by the ease with which criminals have learned to hack the magnetic stripe on the back of ATM, debit and credit cards. Timothy A. Clary/AFP/Getty Images

Five suspects have been arrested in connection to a bank heist that can only be compared to the movie "Ocean’s Eleven."

The heist resulted in the theft of $45 million from ATMs around the world. How did thieves pull off such a massive scheme? They hacked into the computers of bank card processors.

Kim Zetter of Wired joins us to talk more about this scheme. 

blog comments powered by Disqus

Enjoy Take Two®? Try KPCC’s other programs.

What's popular now on KPCC