Collaborate Disseminate
On August 10th, many American Financial Institutions received a warning from the FBI that the Bureau had found evidence that criminals were plotting an “Unlimited Operation.” We’ve written about these Unlimited Attacks a number of times in the pa… Continue reading India’s Cosmos Bank Suffers Unlimited ATM Attack
On Sunday, Aug. 12, KrebsOnSecurity carried an exclusive: The FBI was warning banks about an imminent “ATM cashout” scheme about to unfold across the globe, thanks to a data breach at an unknown financial institution. On Aug. 14, a bank in India disclosed hackers had broken into its servers, stealing nearly $2 million in fraudulent bank transfers and $11.5 million unauthorized ATM withdrawals from more than two dozen cash machines across multiple countries. Continue reading Indian Bank Hit in $13.5M Cyberheist After FBI ATM Cashout Warning
The Cosmos Bank incident is only the latest, not the last, thanks to lagging security practices. Continue reading ATM Heists Only Set to Accelerate After $13M Break-In