An anonymous reader writes: Kaspersky Lab performed a forensic investigation into cybercriminal attacks targeting multiple ATMs around the world. During the course of this investigation, researchers discovered the Tyupkin malware used to infect ATMs and allow attackers to remove money via direct manipulation, stealing millions of dollars. The criminals work in two stages. First, they gain physical access to the ATMs and insert a bootable CD to install the Tyupkin malware. After they reboot the system, the infected ATM is now under their control and the malware runs in an infinite loop waiting for a command. To make the scam harder to spot, the Tyupkin malware only accepts commands at specific times on Sunday and Monday nights. During those hours, the attackers are able to steal money from the infected machine. Read more of this story at Slashdot.
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Infected ATMs Give Away Millions of Dollars Without Credit Cards
Qatar, the 2022 host of the World Cup, is not a large country, with a population just over 2.1 million. So to prepare for the millions who’ll descend on the country eight years from now, it’s going to great lengths—including building an entire new city from scratch. Read more… 
itwbennett writes: The Federal Communications Commission, in a 3-2 party-line vote Friday, approved a plan to revamp the 17-year-old E-Rate program, which pays for telecom services for schools and libraries, by phasing out funding for voice service, Web hosting and paging services, and redirecting money to Wi-Fi. FCC Chairman Tom Wheeler had proposed a $5 billion budget for Wi-Fi, but Republican commissioners and some lawmakers had questioned where the money would come from. Still, the E-Rate revamp (PDF) approved Friday contemplates a $1 billion-a-year target for Wi-Fi projects “year after year, ” Wheeler said. Read more of this story at Slashdot. 
Hugh Pickens DOT Com writes: “Reuters reports that Wal-Mart has sued Visa for $5 billion, accusing the credit and debit card network of excessively high card swipe fees. Wal-mart is seeking damages from price fixing and other antitrust violations that it claims took place between January 1, 2004 and November 27, 2012. In its lawsuit, Wal-Mart contends that Visa, in concert with banks, sought to prevent retailers from protecting themselves against those swipe fees, eventually hurting sales. ‘The anticompetitive conduct of Visa and the banks forced Wal-Mart to raise retail prices paid by its customers and/or reduce retail services provided to its customers as a means of offsetting some of the artificially inflated interchange fees, ‘ says Wal-Mart in court documents. ‘As a result, Wal-Mart’s retail sales were below what they would have been otherwise.’ Interchange fees, the industry term for card-swipe fees, have been a major point of contention between retailers and banks. The fees are set by Visa and other card networks and collected by card-issuing banks like J.P. Morgan Chase & Co. Retailers have argued that the fees had been set too high due to a lack of competition with the two payment industry giants. Wal-Mart also took a shot against Visa over payment card security. Data breaches last year at Target Corp., Neiman Marcus and others have drawn attention to the country’s slow adoption of card technology that uses computer chips and PIN numbers and is seen as less susceptible to fraud than the current system of magnetic stripes. ‘Wal-Mart was further harmed by anti-innovation conduct on the part of Visa and the banks, ‘ says the lawsuit, ‘such as perpetuating the use of fraud-prone magnetic stripe system in the U.S. and the continued use of signature authentication despite knowledge that PIN authentication is more secure, a fact Visa has acknowledged repeatedly.'” Read more of this story at Slashdot. 
An anonymous reader writes with news of the latest major fluctuation in the price people are willing to pay for Bitcoins. From the article: “China’s ban on its financial institutions handling bitcoin causes world’s largest exchange to cease trading, halving the value of the currency from $1, 000 to less than $500 in a matter of days. The country’s central bank took a hard line on Bitcoin in early December when it banned financial institutions from handling the decentralized crypto-currency, and as a result BTC China, the world’s largest bitcoin exchange, has stopped accepting deposits from its users.” Just watch that line trend downward. Read more of this story at Slashdot. 
An anonymous reader writes with this bit from The Next Web “Bitcoin hit a new milestone today, passing the $1, 000 mark for the first time. The virtual currency is currently trading above the four-digit figure, with its highest at $1, 030 on Mt. Gox, one of the largest exchanges. Last week, Bitcoin’s high for the day was $632. That means its trading value has surged 62.83 percent in a week, assuming we’re looking at just its high points. That figure could of course rise even further if Bitcoin continues to push further up throughout the day.” Read more of this story at Slashdot. 
New submitter Mistakill writes “It seems the case against Kim Dotcom for the NZ Police isn’t going well, with Kim Dotcom scoring another victory in his legal battles. Police have been told they must search everything they seized from Dotcom and hand back what is not relevant to the U.S. extradition claims. Justice Helen Winkelmann told police their complaints about the cost and time of the exercise were effectively their own fault for indiscriminately seizing material in the first place. She wrote, ‘The warrants could not authorize the permanent seizure of hard drives and digital materials against the possibility that they might contain relevant material, with no obligation to check them for relevance. They could not authorize the shipping offshore of those hard drives with no check to see if they contained relevant material. Nor could they authorize keeping the plaintiffs out of their own information, including information irrelevant to the offenses.'” Read more of this story at Slashdot. 