Using smartphone to steal $2M ATM Cash

Using smartphone to steal $2M ATM Cash

Daily, things happen in this world. Taiwan is trying to figure out how hackers managed to trick a network of bank ATMs into spitting out millions.

Police said several people wearing masks attacked dozens of ATMs operated by Taiwan’s First Bank on Sunday. They spent a few minutes at each of the machines before making off with the equivalent of $2 million stashed in a backpack.

 They didn’t use bank cards but rather appeared to gain control of the machines with a “connected device,” possibly a smartphone, the police said in a statement Thursday. Authorities are now hunting the thieves.

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