Taiwan charges three foreigners over US$2.6mil cyberheist


  • TECH
  • Tuesday, 13 Sep 2016

A notice notifying customers on the suspention of ATM machines is seen as a security guard keeps watch at a branch of Taiwan's First Commercial Bank in Taipei on July 12, 2016, after more than 2 million USD were stolen from over thirty ATMs in Taiwan. Thieves suspected of installing a computer programme that got cash machines in Taiwan to churn out more than 2 million USD were being hunted by police on July 12, officials said. / AFP PHOTO / Benjamin YEH

TAIPEI: Taiwan has charged three foreigners over a US$2.6mil (RM10.68mil) cyberheist that used malware to hack into a major local bank’s ATM network, prosecutors said, adding that they were seeking 12-year jail terms. 

The attack, the first of its kind in Taiwan, targeted the First Commercial Bank’s ATM network in July and saw money withdrawn from dozens of machines in three cities. 

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