Kim Peretti, co-chair of the firm’s Security Incident Management and Response Team and former senior litigator for the Justice Department’s Computer Crime and Intellectual Property Section, was quoted in The New York Times article, “In Hours, Thieves Took $45 Million in A.T.M. Scheme.”
Ms. Peretti said the significance in this data breach is that they are manipulating the financial system to be able to change these balance limits and withdrawal limits. “When you have a scheme like this, where the system can be manipulated to quickly get access to millions of dollars that in some sense did not exist before, it could be a systemic risk to our financial system.”
View the complete article: “In Hours, Thieves Took $45 Million in A.T.M. Scheme“
Written by Security Incident Management & Response Team | Alston & Bird LLP