Report: Bank of America ATM hacker to plead guilty

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The IDG News Service is reporting that a Bank of America (BofA) computer specialist who designed and maintained computer systems — including those used in ATMs — will plead guilty to charges that he hacked the bank’s automated tellers to dispense cash without recording the activity.

From the report:

[Rodney Reed] Caverly was charged last week with one count of computer fraud for allegedly writing a malicious program that ran on Bank of America’s computers and ATMs, according to court filings. The documents say Caverly made more than the statutory minimum of US$5,000 from the scam, but they do not spell out the bank’s total losses. That number could come out when his plea is entered next week.

http://blogs.zdnet.com/security/?p=6062&tag=wrapper;col1

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