Report: Indian Payments Companies Named In $45 Million ATM Heist

Two of the financial companies implicated in last week’s $45 million ATM heist have been named, according to a Reuters report.

While the names of the companies were not publicly revealed by U.S. investigators, sources close to the news outlet say that EnStage Inc. processed card payments for the two Middle Eastern banks targeted in the case, while ElectraCard Services was the company that processed the prepaid travel cards used to extract the fraudulent funds.

“Our customers were adversely affected by this sophisticated crime,” Govind Setlur, chief executive at EnStage, said in a statement. “We are deeply committed to information security, and we will continue to take all reasonable measures to ensure our networks are secured from criminal actors.”

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