The infographic tells how cyber thieves get cash from online banking systems.In the first stage, thieves or hackers use malicious software to gain access to the online bank accounts. Then, the money is transferred to a dummy account from where it is again transferred to the fake card holders’ accounts.
The draw amount using ATMs and submits to the managers of the drop projects. 50% of monies are given to the hackers and the manager pays a fee to the dummy legal entities from the other 50%.