[Year 12 IT Apps] Malware fraud

[Lumsden, Richard G]

Thx Mark I will use it with my Year 11 group.

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From: itapps-bounces at edulists.com.au on behalf of Mark KELLY
Sent: Tue 13/04/2010 7:58 AM
To: Year 12 IT Applications Teachers' Mailing List
Subject: [Year 12 IT Apps] Malware fraud


An interesting tale of ethics and data insecurity ...

http://www.wired.com/threatlevel/2010/04/atm-hack/



A Bank of America worker who installed malicious software on his employer's ATMs was able to siphon at least $200,000 from the hacked machines before he was caught, according to a plea agreement he entered with prosecutors last week.

Rodney Reed Caverly, 37, was a member of the bank's IT staff when he installed the malware, which instructed the machines to dispense free cash without creating a record of the transaction. The Charlotte, North Carolina, man made fraudulent withdrawals over a seven-month period <http://www.wired.com/threatlevel/2010/04/bank-of-america-hack/>  ending in October 2009, according to prosecutors, who've charged him with one count of computer fraud.


Read More http://www.wired.com/threatlevel/2010/04/atm-hack/#ixzz0kvRUWvy7



-- 
Mark Kelly
Manager - Information Systems
McKinnon Secondary College
McKinnon Rd McKinnon 3204, Victoria, Australia
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School Phone +613 8520 9000
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kel at mckinnonsc.vic.edu.au

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