Cyber Theft, Stealing Millions

FBI warns of imminent mass attack on world’s ATMs

TELEGRAPH – August 13, 2018: The article highlights that 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 (August 10), 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.

UK-based banks with large international operations, such as HSBC and Barclays, are among those thought to have been made aware of the problem.

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Hackers to steal MILLIONS within days…Hackers to steal MILLIONS within days

DAILYMAIL – August 13, 2018: The article highlights that the United States FBI has sent a confidential alert to warn banks of a global ‘cash-out scheme’. And that a ‘jackpotting’ scheme would see hackers use malware to take control of ATMs and that 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 (August 10) 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Banks were warned that they could fall victim to an ‘unlimited operation’ in which millions of dollars could be withdrawn from cash machines.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 Telegraph reports.

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