Big german bank loses eur15 million in mysterious cashout of emv cards (Chipso)

[Geras]

Originally Posted by Cleanic

according to securityinfo two were busted and they confessed using chipso emv program

How they can confessed something not happened ?
why they use german card in brasil ? why not use somewhere else ?
Why they use card from bank and not from skimmer or sniffer ?
4 thing's give the way to look in this story
- use of dump steal inside bank
- use of some bypass inside the bank for pin
- use of some bypass inside the bank for emv code in dump like 201,221,etc
- withdrawl of a specific limit by card to not get detected by security software
to be clear that hack is on another level than just code a java card and cash out from a software
+ no chip was used
if no chip was used, that mean no software to hack chip was used
why card from a bank and not take any card from any bank ?
because they was inside the bank from where they take card's...........