ATMii: a small but effective ATM robber

While some criminals blow up ATMs to steal cash, others use less destructive methods, such as infecting the ATM with malware and then stealing the money. We have written about this phenomenon extensively in the past and today we can add another family of malware to the list – Backdoor.Win32.ATMii. Continue reading ATMii: a small but effective ATM robber

ATM hackers switch to network-based attacks

More and more attacks against ATMs are network-based, Trend Micro researchers have found. Since the discovery of the first ATM malware back in 2009, criminals have concentrated on opening the ATM’s case and accessing the machine’s internals to boot the malware up from an external USB or CD. But lately, as banks have ramped up efforts to protect the machines from physical attacks, criminals have begun switching infection vectors. “Network infections require more work and … More Continue reading ATM hackers switch to network-based attacks

The business models behind ATM malware empires

The criminal gangs behind the world’s most successful ATM malware attacks run their million-dollar empires like cutthroat business executives, according to newly published research from the European Union law enforcement agency Europol and the cybersecurity firm Trend Micro. In the last decade, organized crime groups originating mostly from two hotspots, Latin America and Eastern Europe, have waged an effective and evolving war against the cash-filled boxes that are the cornerstone of more than $10 billion in annual withdrawals, the researchers say. Some syndicates hold onto their malware for exclusive use, while others resell to smaller gangs willing to do the physical legwork. A single weekend’s spree can result in thousands or millions of dollars in stolen cash. Hackers execute physical and network-based attacks against ATMs to steal money from both banks and customers in campaigns that can take years to sniff out. Analyzing a decade’s worth of ATM hacking, the researchers focused on business models that […]

The post The business models behind ATM malware empires appeared first on Cyberscoop.

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Should a skimming victim automatically contact the police as well as his financial institution? [on hold]

I’m concerned about the appropriateness of my response to the following incident:

My debit card was skimmed. The skimming was discovered when we saw nine debit card transactions that we hadn’t completed. The card was skimm… Continue reading Should a skimming victim automatically contact the police as well as his financial institution? [on hold]

Posted in ATM

A week in security (July 17 – July 23)

A compilation of security news and blog posts from the 17th of July to the 23rd. We discuss the recent Dark Web market take downs and lots more.

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The post A week in security (July 17 – July 23) appeared first on Malwarebytes Labs.

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Hackers Using Chinese Malware to Rob ATMs Using Outdated Windows XP

By Ali Raza

As technology progresses, it seems that hackers and hacking methods do too. It wasn’t that long ago when hackers had to steal your credit card info or your bank card itself to get the money out of your account. Now they don’t have to since the ATMs are just giving away money as soon as […]

This is a post from HackRead.com Read the original post: Hackers Using Chinese Malware to Rob ATMs Using Outdated Windows XP

Continue reading Hackers Using Chinese Malware to Rob ATMs Using Outdated Windows XP

Hackers Using Chinese Malware to Rob ATMs Using Outdated Windows XP

By Ali Raza

As technology progresses, it seems that hackers and hacking methods do too. It wasn’t that long ago when hackers had to steal your credit card info or your bank card itself to get the money out of your account. Now they don’t have to since the ATMs are just giving away money as soon as […]

This is a post from HackRead.com Read the original post: Hackers Using Chinese Malware to Rob ATMs Using Outdated Windows XP

Continue reading Hackers Using Chinese Malware to Rob ATMs Using Outdated Windows XP