Security News > 2018 > August > FBI Warns of ‘Unlimited’ ATM Cashout Blitz

FBI Warns of ‘Unlimited’ ATM Cashout Blitz
2018-08-13 00:28

The Federal Bureau of Investigation (FBI) is warning banks that cybercriminals are preparing to carry out a highly choreographed, global fraud scheme known as an "ATM cash-out," in which crooks hack a bank or payment card processor and use cloned cards at cash machines around the world to fraudulently withdraw millions of dollars in just a few hours.


News URL

https://krebsonsecurity.com/2018/08/fbi-warns-of-unlimited-atm-cashout-blitz/