Commenting on the recent banking scam, Associate Professor Enoch Ch'ng of SMU School of Information Systems said that there were many possibilities which caused such a large-scale ATM fraud, one of which could be attacks by a criminal syndicate. To make multiple cash withdrawals within a day from 200 accounts of bank customers was a coordinated operation. A similar fraud took place in 2009 in the United States, where US$9 million cash was illegally withdrawn from 130 ATMs belonging to RBS within 30 minutes.
Shin Min Daily News