Thursday, December 4, 2014

Police seek Interpol help to search ATM hackers

Posted by Anup Baral December 04, 2014 :


As easy as it is to use banking services, security aspect is getting equally complex. Security of automated teller machines (ATM), that allows account holders to withdraw money round the clock, has become challenging not just for the service-seekers but even the police. Revelation that international gang has been involved in ATM hacking has created headache for the police. The Nepal Police has sought help of the Interpol to nab international criminal gangs that withdraw money by hacking pincodes of ATM cards issued by banks and financial institutions of different countries.Thirty-eight year old Anish Bhakta Suwal Dangol, an IT engineer and a resident of New Baneshwar of Kathmandu, allegedly withdrew Rs 57.5 million using ATM pin code of clients from 2007 to 2012. Suwal was hiding in various cities in India. Police have nabbed former ATM in-charge of the Himalayan Bank Ltd, Anish Bhakta Suwal, in connection with defrauding the bank of more than Rs 50 million. According to sources, a team of Metropolitan Police Crime Division (MPCD) nabbed him from Nepalgunj on Monday. Suwal was found to have involved in fraud totaling Rs 56.7 million while settling Visa and Master Card accounts receivable.

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