ATM thefts have gone high-tech, and judging by how the police and banks are running around like a headless chicken trying to piece together the puzzle, the local authorities and financial institutions were obviously not ready for such an attack.

And it’s not hard to understand why – the police and banking institutions were trapped in stone age mentality where they thought the bad guys will always be the same “Oxy Gang”, using ox-acetylene blow torch to open the machine’s cash compartment.

Continue at: http://www.financetwitter.com/2014/09/here-is-how-malaysian-atms-were-hacked-of-rm3-million-by-latin-americans.html