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In December 2012 and February 2013, a cyber-ring of criminals, operating in more than 24 countries, stole $45 million from thousands of automated teller machines (ATMs) in an ATM looting. [1] Roughly $5 million was stolen around the world on December 21, 2012. [1]
RBS' central role in the financial crisis led to it being targeted by a protest camp, 'Occupy Edinburgh', who set-up outside their Head Branch on St. Andrews Square in October 2011. The camp was maintained for 108 days and included a number of rallies and protests, as well as a pirate flag being raised on top of the RBS head branch.
The 2012 RBS computer system problems were technical issues affecting computers run by the Royal Bank of Scotland Group (now NatWest Group), including National Westminster Bank, The Royal Bank of Scotland and Ulster Bank, which began on 19 June 2012. In 2014, RBS was fined £42m over the incident. [1]
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Legal penalties for check-fraud schemes can range from fines to incarceration, depending on your state and your crime. But oftentimes, people are not the perpetrators of check fraud, but the victims.
Such fraud increasingly involves a so-called bitcoin ATM, according to the Federal Trade Commission. The kiosks, known as bitcoin teller machines (BTM) and often found in places like convenience ...
ATM vandals can either physically tamper with the ATM to obtain cash, or employ credit card skimming methods to acquire control of the user's credit card account. Credit card fraud can be done by inserting discreet skimming devices over the keypad or credit card reader.
Unfortunately, each time you pull cash out of an ATM or use your credit card to shop online, you are susceptible to theft. Learn: 3 Signs You’re Serious About Raising Your Credit Score