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Wednesday 19 November 2014

Israeli bank faces cyber-crime threat



From Payment Eye

“In what could be one of the biggest cases of cyber extortion in Israel, eight former Bank Leumi employees threatened to sell information about two million of the bank’s credit card accounts unless they were paid a ransom.

Seven of the suspects were arrested over the weekend, and the eighth, the suspected ringleader extradited from Thailand, landed in Ben Gurion airport on Sunday and will face charges with his fellow conspirators.

The eight had obtained the identity numbers and three-digit security code that appear on the back of credit cards for two million holders of the bank’s Leumi Card. While the suspects could have made online or telephone purchases with this information, Leumi Card said that no accounts had been compromised.”

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