The hackers believe that some credit unions are just as bad as banks

Dec 7, 2011 12:08 GMT  ·  By

If at first they claimed that their goal was to make people move their money from banks to credit unions, the hacktivists behind Operation Robin Hood came to the conclusion that not all the credit unions should be trusted. To make sure they correctly advise people on what to do, they are now searching for financial institutions that really know how to protect their customers.

Everyone started to wonder why the hackers went after BCD Credit Union and to clear things, a member of the newly formed alliance p0isAnon contacted me and revealed that, just because an organization claims to be a credit union, it doesn’t mean that people can rely on them to handle their savings.

“The BCD Credit Union indeed is actually a bank and we wanted to prove it was weak. We don't want everybody thinking that by just going to ANY Credit Union will keep their money secure,” the hacker states.

They claim that now they’re searching for secure credit unions, but in the process they’ll be unmasking all the unsecure ones.

In their search for the perfectly secure credit unions, they revealed the identity of another institution that has major security flaws which could seriously affect their customers. They published proof that British Airways Credit Union is among the unsecure ones.

Another interesting thing is that while they are supporting the Occupy movement, none of the money they plan to steal from the banks is going to protestors.

“We are not donating to the occupy protests, the most we do is donate hot pizzas, which indeed, the homeless and most others who are among the 99% enjoy and are thankful for,” he adds.

Even though many experts believe that Operation Robin Hood has no way of succeeding because of chargebacks, the hacktivists continue to be certain that only banks and companies will suffer as a result of their actions.

“The only reason I am okay with doing this act, is because I know people won't get hurt. Their bank accounts get locked, a new card gets sent out the next day and the banks/merchant take the loss.”

Finally, an interesting thing he reveals is the fact that banks don’t secure their systems on purpose.

“My colleagues work at banks and from what I have understood and accommodated, all of their security services always will have loop holes for those crooks who have intentions of profit. If the banks were to have ME as security, half of the stuff that happens within the fraudulent world would fail 80% of the time,” he concludes.