Top-Ranking Banking Trojan Ramnit Out to Steal Payment Card Data

Shopping online is an increasingly popular endeavor, and it has accelerated since the COVID-19 pandemic. Online sales during the 2021 holiday season rose nearly 9% to a record $204.5 billion. Mastercard says that shopping jumped 8.5% this year compared to 2020 and 61.4% compared to pre-pandemic levels. Cyber criminals are not missing this trend. The […]

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Jackpotting Reveals Openings in Proprietary Software

Jackpotting, an older ATM theft technique, could show security operations team members what to look out for when it comes to Internet of things (IoT) attacks in general, and even election machine vulnerabilities.  This technique first entered the U.S. cybersecurity lexicon in 2018, when Brian Krebs warned of attacks at American ATMs. Jackpotting, Krebs explains, […]

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From Backhoes to Operating Systems: The Top Five ATM Security Weaknesses

Reading Time: 6 minutes Here are the top five ATM security vulnerabilities that X-Force Red, IBM Security’s team of veteran hackers, has uncovered during its many years of performing ATM penetration tests.

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Lazarus Hackers Abuse FASTCASH Scheme Against Banks Worldwide

The FASTCASH scheme is a dangerous ATM cash-out scheme that is being used by the Lazarus hackers group. This criminal collective is prolific at launching advanced attack campaigns against high-profile targets. Our article sums up their latest attacks w… Continue reading Lazarus Hackers Abuse FASTCASH Scheme Against Banks Worldwide

Ready or Not, Here Comes the Next Big Digital Attack

The recent ATM hack that netted cybercriminals $13.5 million from a bank in India happened just days after the FBI warned it was coming. Consider this the latest reminder about the importance of being ready for attacks before they happen, not after the… Continue reading Ready or Not, Here Comes the Next Big Digital Attack

Indian Cosmos Bank Malware Attack Ends with Theft of $13.5 Million

Cosmos Bank, known as India’s second-largest cooperative bank, has been breached by hackers, and a total of 940 million rupees, or $13.5 million, were stolen. More specifically, attackers stole customer details via a malware attack on the bank&#8… Continue reading Indian Cosmos Bank Malware Attack Ends with Theft of $13.5 Million

Highly Choreographed ATM Cashouts Expected to Hit Banks

Just a few days ago, security researcher Brian Krebs reported that the FBI is warning banks of cybercriminals about to carry out a “highly choreographed, global fraud scheme known as an “ATM cashout,” in which crooks hack a bank or…… Continue reading Highly Choreographed ATM Cashouts Expected to Hit Banks

Bitcoin ATMs at Risk of Malware Sold on the Dark Web

Cryptocurrency owners that use cryptocurrency ATMs should be extra careful. Security researchers have uncovered malware that is specifically crafted to target these ATMs. This malware is being traded on the Dark Web, and its price is quite high. The sh… Continue reading Bitcoin ATMs at Risk of Malware Sold on the Dark Web

Criminals Use Jackpotting Attack to Steal Cash from U.S. ATMs

In the first attack of its kind reported in the United States, a gang of criminals is using sophisticated techniques to access ATMs and infect them with specialized malware that allows extracting their cash, a technique known in the security industry a… Continue reading Criminals Use Jackpotting Attack to Steal Cash from U.S. ATMs