Security News

QR Code Scammers Get Creative with Bitcoin ATMs
2021-08-12 13:59

Simply navigating a smartphone camera over the image allows the device's QR translator-built into most mobile phones-to "Read" the code and open a corresponding website. "The problem with QR codes stems from how easy they are to use," they wrote in a report published Tuesday about the growing number of QR code scams.

Belarusian Nationals Arrested for Hacking ATMs Across Europe
2021-07-30 09:20

Two Belarusian nationals were arrested earlier this month in Poland on the suspicion they engaged in multiple ATM jackpotting attacks. The two are believed to have committed dozens of ATM jackpotting attacks in several European countries, stealing an estimated €230,000 in cash.

Spike in “Chain Gang” Destructive Attacks on ATMs
2021-07-09 19:31

The Texas Bankers Association documented at least 139 chain gang attacks against Texas financial institutions in the year ending November 2020. Santor said the chain gang attacks have spread to other states, and that in the year ending June 2021 Travelers saw a 257 percent increase in the number of insurance claims related to ATM smash-and-grabs.

NFC Flaws in POS Devices and ATMs
2021-06-28 11:53

Josep Rodriguez, a researcher and consultant at security firm IOActive, has spent the last year digging up and reporting vulnerabilities in the so-called near-field communications reader chips used in millions of ATMs and point-of-sale systems worldwide. NFC systems are what let you wave a credit card over a reader - rather than swipe or insert it - to make a payment or extract money from a cash machine.

How Cyber Sleuths Cracked an ATM Shimmer Gang
2021-06-23 12:49

Unlike traditional ATM skimmers that run on hidden cell phone batteries, the ATM shimmers found in Mexico did not require any external power source, and thus could remain in operation collecting card data until the device was removed. Organized crime gangs that specialize in deploying skimmers very often will encrypt stolen card data as a way to remove the possibility that any gang members might try to personally siphon and sell the card data in underground markets.

Boss of ATM Skimming Syndicate Arrested in Mexico
2021-05-28 14:47

Florian "The Shark" Tudor, the alleged ringleader of a prolific ATM skimming gang that siphoned hundreds of millions of dollars from bank accounts of tourists visiting Mexico over the last eight years, was arrested in Mexico City on Thursday in response to an extradition warrant from a Romanian court. Tudor, a native of Craiova, Romania, moved to Mexico to set up Top Life Servicios, an ATM servicing company which managed a fleet of relatively new ATMs based in Mexico branded as Intacash.

Mexican Politician Removed Over Alleged Ties to Romanian ATM Skimmer Gang
2021-02-19 16:25

The leader of Mexico's Green Party has been removed from office following allegations that he received money from a Romanian ATM skimmer gang that stole hundreds of millions of dollars from tourists visiting Mexico's top tourist destinations over the past five years. Jose de la Peña Ruiz de Chávez, who leads the Green Ecologist Party of Mexico, was dismissed this month after it was revealed that his were among 79 bank accounts seized as part of an ongoing law enforcement investigation into a Romanian organized crime group that owned and operated an ATM network throughout the country.

£30m in contracts awarded in Post Office's £357m ATM overhaul
2021-02-01 12:22

The UK Post Office has awarded two contracts worth a total of £30m for a banking network and ATMs system in a procurement expected to be worth £357m once all contracts are awarded. UK government-owned company which runs the familiar local outlets has awarded Cennox a £26m contract for banking automation managed services while Vocalink has won a £4m contract for provision of a highly resilient, compliant and secure platform providing ATMs. The Post Office said last year it planned to close almost a third of its 2,000 cash machines, which are free to use and valuable to the public where alternative facilities are scarce.

ATM cash-out: A rising threat requiring urgent attention
2020-10-09 04:30

The PCI Security Standards Council and the ATM Industry Association issued a joint bulletin to highlight an increasing threat that requires urgent awareness and attention. An ATM cash-out attack is an elaborate and choreographed attack in which criminals breach a bank or payment card processor and manipulate fraud detection controls as well as alter customer accounts so there are no limits to withdraw money from numerous ATMs in a short period of time.

North Korea ATM Hack
2020-09-01 06:17

This joint advisory is the result of analytic efforts among the Cybersecurity and Infrastructure Security Agency, the Department of the Treasury, the Federal Bureau of Investigation and U.S. Cyber Command. Working with U.S. government partners, CISA, Treasury, FBI, and USCYBERCOM identified malware and indicators of compromise used by the North Korean government in an automated teller machine cash-out scheme­ - referred to by the U.S. Government as "FASTCash 2.0: North Korea's BeagleBoyz Robbing Banks."