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	<title>Betabeat &#187; Why Stick a Gun in a Teller&#8217;s Face When You Can Rob Banks From Your Sofa?</title>
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		<title>Why Stick a Gun in a Teller&#8217;s Face When You Can Rob Banks From Your Sofa?</title>

		<comments>http://betabeat.com/2013/02/bank-robbery-cyber-crime-heists-credit-card-theft-fraud/#comments</comments>
		<pubDate>Tue, 05 Feb 2013 14:51:52 -0400</pubDate>
					<link>http://betabeat.com/2013/02/bank-robbery-cyber-crime-heists-credit-card-theft-fraud/</link>
			<dc:creator>Kelly Faircloth</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=78538</guid>
		<description><![CDATA[<p><div id="attachment_78540" class="wp-caption alignleft" style="width: 313px"><a href="http://nyobetabeat.files.wordpress.com/2013/02/screen-shot-2013-02-05-at-2-30-31-pm.jpg"><img class="size-full wp-image-78540" alt="Honestly who needs the bother? (Photo: screencap)" src="http://nyobetabeat.files.wordpress.com/2013/02/screen-shot-2013-02-05-at-2-30-31-pm.jpg" width="303" height="270" /></a><p class="wp-caption-text">Honestly who needs the bother? (Photo: screencap)</p></div></p>
<p>Seems the uptick in cyber crime has some benefit, at least: <a href="http://online.wsj.com/article/SB10001424127887323926104578274541161239474.html?mod=e2tw">The <em>Wall Street Journal</em> report</a>s that as criminals discover the beauty of electronic exploits like credit card theft, there's far less incentive to stroll into a bank, fire off a couple of rounds into the ceiling and demand all the cash you can carry.</p>
<p>Our condolences to anyone who saw <em>Public Enemies </em>and decided  to make his name as a modern-day John Dillinger. We'll always have<i> Ocean's Eleven.</i> <!--more--></p>
<p>The <em>Journal </em><a href="http://online.wsj.com/article/SB10001424127887323926104578274541161239474.html?mod=e2tw">says</a> that bank robberies have dropped precipitously in the last ten years, by almost 50 percent. That's partly because robbing a bank is harder than ever (gone are the days of tommy guns and bravado) and the penalties are stiffer.</p>
<p>But it's also because, increasingly, the money isn't there any more:</p>
<blockquote><p>"Clearly, as more and more transactions become electronic, more bank crimes become electronic," said Doug Johnson, vice president of risk management at the American Bankers Association.</p></blockquote>
<p>Sure, "I deploy phishing scams to empty virtual bank accounts <a href="http://en.wikipedia.org/wiki/Willie_Sutton">because that's where the money is</a>" doesn't have the same romantic ring to it--but who needs romance when you've got loot?</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_78540" class="wp-caption alignleft" style="width: 313px"><a href="http://nyobetabeat.files.wordpress.com/2013/02/screen-shot-2013-02-05-at-2-30-31-pm.jpg"><img class="size-full wp-image-78540" alt="Honestly who needs the bother? (Photo: screencap)" src="http://nyobetabeat.files.wordpress.com/2013/02/screen-shot-2013-02-05-at-2-30-31-pm.jpg" width="303" height="270" /></a><p class="wp-caption-text">Honestly who needs the bother? (Photo: screencap)</p></div></p>
<p>Seems the uptick in cyber crime has some benefit, at least: <a href="http://online.wsj.com/article/SB10001424127887323926104578274541161239474.html?mod=e2tw">The <em>Wall Street Journal</em> report</a>s that as criminals discover the beauty of electronic exploits like credit card theft, there's far less incentive to stroll into a bank, fire off a couple of rounds into the ceiling and demand all the cash you can carry.</p>
<p>Our condolences to anyone who saw <em>Public Enemies </em>and decided  to make his name as a modern-day John Dillinger. We'll always have<i> Ocean's Eleven.</i> <!--more--></p>
<p>The <em>Journal </em><a href="http://online.wsj.com/article/SB10001424127887323926104578274541161239474.html?mod=e2tw">says</a> that bank robberies have dropped precipitously in the last ten years, by almost 50 percent. That's partly because robbing a bank is harder than ever (gone are the days of tommy guns and bravado) and the penalties are stiffer.</p>
<p>But it's also because, increasingly, the money isn't there any more:</p>
<blockquote><p>"Clearly, as more and more transactions become electronic, more bank crimes become electronic," said Doug Johnson, vice president of risk management at the American Bankers Association.</p></blockquote>
<p>Sure, "I deploy phishing scams to empty virtual bank accounts <a href="http://en.wikipedia.org/wiki/Willie_Sutton">because that's where the money is</a>" doesn't have the same romantic ring to it--but who needs romance when you've got loot?</p>
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