Cash machines could be mass-hacked in global cyber attack, FBI warns
Banks have been warned of an imminent threat that their cash machines could be mass-hacked by cyber criminals.
In a confidential alert on Friday, America’s Federal Bureau of Investigation told international banks that criminals are plotting a concerted global malware attack on cash machines in the next few days.
The FBI issued a warning about a highly choreographed fraud scheme known as an ATM “jackpotting”, in which crooks hack a bank or payment card processor and use cloned cards at cash machines around the world to take out millions in just a few minutes.
- The FBI has sent a confidential alert to warn banks of a global ‘cash-out scheme’
- A ‘jackpotting’ scheme would see hackers use malware to take control of ATMs
- Smaller banks with less sophisticated security are said to be most vulnerable
America’s intelligence chiefs have warned banks of a major hacking threat to cash machines worldwide in the next few days.
The FBI sent out a confidential alert on Friday to warn that cyber criminals are planning a global ‘cash-out scheme’ using malware to take over ATMs and steal millions of dollars.
Banks were warned that they could fall victim to an ‘unlimited operation’ in which millions of dollars could be withdrawn from cash machines.
Smaller banks with less sophisticated security systems are thought to be most vulnerable to an attack using the ‘jackpotting’ technique, the Daily Telegraphreports.
The warning said: ‘The FBI has obtained unspecified reporting indicating cyber criminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach.’
The website Krebs On Security reported that criminals could create ‘fraudulent copies’ of bank cards by installing their data on reusable magnetic strip cards.
The FBI warned that ‘at a pre-determined time, the co-conspirators withdraw account funds from ATMs using these cards.’
‘Historic compromises have included small-to-medium size financial institutions, likely due to less robust implementation of cyber security controls, budgets, or third-party vendor vulnerabilities,’ the alert said.
- This is the future they have planned for us…
- Are They Essentially Erasing Most Of The Internet?
- Heads Up: Something big is going down. Just about every commodity is collapsing in price. Things deteriorated so much that all the supply chain metrics have become way less constrained
- Bill Gates: Social Credit Scores Are An “Asset”
- Horrific news from Sodom Island
- China’s Warning ENTIRE Economy Will Collapse In 34 Days
- The Dead Internet theory just got even creepier….
- People Are Going To Go Absolutely Insane When Food Prices Double Or Triple From Current Levels
- CDC is quietly deleting misleading information from their website. The following statement was removed from their website between July 16th and July 22nd
- If you are waiting for recession, inflation down, FED pivot, etc., by the time it happens, markets would have already priced most or all of it in. Right on schedule… Michael Burry says the Big Crash is anytime now!
Views: 0