Old fashion bank Robbery Isn’t Paying Off!
Would You Like a Better paying Criminal Job?
By Nick Ashton, Founder, CEO, Tracometry Group of Companies.
Times have changed and statistically Butch Cassidy and the Sundance Kid made a fortune at bank and train robberies. In fact they were even more profitable and safe in that line of work than today.
Believe it or not, more than $40 million US Dollars is stolen in bank robberies each year in the United States. When you break it down, by the number of robberies, it turns out that most bank robbers get away with only about $7,700 on event. After factoring in how much the stolen money is recovered, that amount drops to only about $6,000 per robbery.
Some more Internet facts about robberies:
Commercial banks are statistically much more likely to be robbed than mutual savings banks, credit unions and savings and loan associations. In fact, there are about 5,000 robberies a year at U.S. commercial banks, compared with only about 400 at credit unions and only about 100 at savings and loan associations.
Bank robbers tend to commit their robberies at the bank counter, though a few actually go to the safe during their robbery. In 2012, there were about 75 drive-up or walk-up robberies and only six robberies from a night deposit box.
Despite the fact that more than 5,500 bank robberies took place in 2012, only about 100 people were injured — 13 of whom were the bank robbers themselves.
That has all changed, I do not want to say that some sense has suddenly prevailed, but the numbers of robberies is going down!
Bank robbers are not robbing banks anymore. They don't need guns, and they don't wear stocking masks. Instead, they are hiding behind their computer screens and covering up their digital tracks, whilst drinking lattes and sitting in shorts.
In today's world, there are multiple ways for cybercriminals to make money long before the cash is actually transferred out of a bank account. Robbing a bank has become one of the last large cogs in a much wider operation.
Online theft is almost always part of a much ostentatious scheme. Though sometimes a high-skilled individual or single group of cybercriminals will handle all parts of an operation, most cybercrime is split up into several steps, each handled by a different player.
Most bank account thefts begin with a single malware developer who sells malicious software on an underground black market to hackers. To note, they are even available on Amazon and E-Bay and advertise openly!
On those dark channels of the Internet, criminal hackers can buy tools to steal users' bank account credentials, services to bring down websites, or viruses to infect computers.
Hiring a criminal hacker is easy, because today's malware requires hackers to have little technological knowledge to infect hundreds or thousands of computers.
And some services are fairly cheap. For instance, getting a hold of 1 million email addresses can cost just $125. That means there are more and more cybercriminals hoping to get in on an operation.
Once unsuspecting victims' credentials or bank account information has been collected, hackers may resell that data to someone who repackages it in a useful way and redistributes it on the black market.
Not all information has equal value. Often criminals are looking for credentials of wealthy individuals with accounts at financial institutions where they are familiar with the security systems.
They are also looking for fools! Fools who leave the data door wide open and that includes IT Departments as well!
At this stage of the heist, cybercriminals may hire a "money mule" to increase what distance still exists between them and the act of cashing out. Mules sometimes use international wire transfers, make online purchases with stolen credit cards or actually go to the ATM using a stolen PIN and a spoofed debit card.
Money mules are often given a small share of the takings for their work, despite the fact that they're the easiest targets for law enforcement.
This the same work profile as drug dealers use!
So if you are interested please prove to us you are a credible and competent hacker. We will forward your information and get you all the refines of a 6 x 9 apartment and to begin with, a nice pair of bracelets.
Protect yourselves, CommSmart US will assist in your authentication and secure connections.
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