It sounds like something straight out of a movie: an unsatisfied bank programmer discovers the perfect scheme for making an ATM spit out free money.
But apparently, this story is true: The South China Morning Post and China’s Daily Economic News report that 43-year-old Qin Qisheng managed to withdraw over 7 million yuan (upwards of $1 million USD) from ATMs operated by his employer, Huaxia Bank — all by exploiting a crazy loophole.
According to the reports, the bank’s system didn’t properly record withdrawals made around midnight — effectively spitting out cash without removing the total from a user’s account. Normally, that might send up a red flag that a transaction had failed, but Qisheng allegedly inserted scripts into the system...
from The Verge - All Posts http://bit.ly/2SdiRM9
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