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Undergound. Go to Table of Contents.

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                  Chapter 5 -- The Holy Grail

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     So we came and conquered and found

     riches of Commons and Kings

    

   -- from `River Runs Red', on Blue Sky Mining by Midnight Oil

  

   There it was, in black and white. Two articles by Helen Meredith in

   The Australian in January 1989.2 The whole Australian computer

   underground was buzzing with the news.

  

   The first article appeared on 14 January:

  

     Citibank hackers score $500,000

    

     An elite group of Australian hackers has lifted more than

     $US500,000 ($580,000) out of America's Citibank in one of the more

     daring hacking crimes in Australia's history.

    

     Australian federal authorities were reported late yesterday to be

     working with American authorities to pin down the Australian

     connection involving hackers in Melbourne and Sydney.

    

     These are the elite `freekers' of white collar crime ...

    

     The Australian connection is reported to have used a telephone in

     the foyer of Telecom's headquarters at 199 William Street in

     Melbourne to send a 2600-hertz signal giving them access to a trunk

     line and ultimately to a managerial access code for Citibank.

    

     Sources said last night the hackers had lifted $US563,000 from the

     US bank and transferred it into several accounts. The money has now

     been withdrawn ...

    

     Meanwhile, Victorian police were reported yesterday to be

     systematically searching the homes of dozens of suspects in a

     crackdown on computer hackers ...

    

     An informed source said Criminal Investigation Bureau officers

     armed with search warrants were now searching through the

     belongings of the hacking community and expected to find hundreds

     of thousands of dollars of goods.

    

     An informed source said Criminal Investigation Bureau officers

     armed with search warrants were now searching through the

     belongings of the hacking community and expected to find hundreds

     of thousands of dollars of goods.

    

     The second article was published ten days later:

     

     Hackers list card hauls on boards

    

     Authorities remain sceptical of the latest reports of an

     international hacking and phreaking ring and its Australian

     connection.