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The U.S. Air Force’s purchase of 18,000 iPads for use as electronic flight bags could save the armed forces branch more than $ 50 million over the next 10 years.
Using lightweight iPads instead of heavy paper flight manuals will amount to $ 750,000 annual savings on fuel alone, a spokesman for the Air Force’s Air Mobility Command said in an interview with James Rogers of The Street. And the AMC will no longer have to print those flight manuals either, which will save a whopping $ 5 million per year.
Manager of the AMC’s electronic flight bag program, Major Brian Moritz, stated the Air Force expects the iPad to help save $ 5.7 million per year, resulting in savings of “well over $ 50 million” over the next 10 years.
“We’re saving about 90 pounds of paper per aircraft and limiting the need for each crew member to carry a 30 to 40 pound paper file,” Moritz said. “It adds up to quite a lot of weight in paper.”
The switch from paper manuals to the iPad could cut up to 490 pounds in weight from a C-5 aircraft.
Approximately 16,000 3rd-generation iPad with Retina display devices are now in use by AMC crew, said Rogers. The remaining 2,000 units are said to have been deployed across other Air Force units.
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In a move straight out of the Oceans 11 movie, an international group of criminals quickly made away with $ 45 million in just a few hours. This sophisticated band of criminals hacked into the prepaid debit cards database of different banks and then siphoned money from cash machines. A disturbing part of the crime was that an outdated card technology might have played a big part.
The cybercriminals were able to hack into bank databases where they removed the withdrawal limits on debit cards and made new access codes. They used plastic cards with a magnetic strip to load on account data and access codes. The criminals weren’t very particular about the cards they used either, as expired credit cards or old hotel key cards were utilized. Most countries no longer use cards with magnetic strips, opting instead for those with built-in microchips which are more secure.
However, most US banks and vendors are still using this system so it’s still accepted around the world. Once the data was loaded, members of their organization then proceeded to withdraw money from ATMs in various cities. So far, it appears that the group focused their attentions on the banks that supported the prepaid credit cards and no individual or business accounts, Lynch said.
The $ 45 million heist didn’t happen in just one go though. Apparently, the group attacked on two separate instances, one last December where they got $ 5 million and the next on February. The group made the biggest haul then, nabbing $ 40 million in just 10 hours and by doing 36,000 transactions around the world. Two banks were singled out in the attacks, the Bank of Muscat in Oman and the Rakbank in the United Arab Emirates.
Seven people have been arrested for the crime. The suspects, who are all US citizens in their 20s, originally hailed from the Dominican Republic but are now living in New York City. The purported ringleader of the U.S. group, Alberto Yusi Lajud-Pena, was said to have been found dead last month in the Dominican Republic with $ 100,000 in cash in his luggage.
Even though arrests have already made, governments and financial institutions are still feeling antsy, not just because of how smoothly the crime was carried out, but also because more attacks might be on the horizon.