Researchers have demonstrated how crooks can make ATMs spit out thousands of dollars in cash in just a few minutes by using data stolen from EMV cards. When the EMV (Europay, MasterCard, and Visa) was introduced, the vast majority of security experts believed solved the problems caused by easy to clone magnetic stripe cards. EMV chip-equipped […]
The security expert Brian Krebs investigated the links between the Carbanak cybercrime gang and the Infocube security firm. Today I want to share with you the findings of an investigation of the popular cyber security expert Brian Krebs. This time, Krebs investigated the link between a cybercrime gang and a security firm. The security company […]
Taiwanese law enforcement agencies are investigating malware-based attacks against ATMs of a national bank that resulted in a $2 million theft. Law enforcement in Taiwan investigating the attacks against ATMs of a major nations bank, the Taiwan’s First Bank. Crooks used a malware to withdraw more than $2 million from dozens of ATMs in the country, it […]
Japanese police are investigating coordinated raids across stores in Japan that resulted in the theft of $13m from ATMs in just three hours. Cybercrime doesn’t know boundaries, and in many countries, security experts are observing a rapid evolution of illegal phenomena on the web. The Japan actually hosts one of the most interesting underground communities, a criminal online […]
Experts at Kaspersky Lab have detected a new variant of the Skimer malware used to steal money and payment card data from ATMs. Security experts at Kaspersky Lab have spotted a new strain of the malware dubbed ‘Skimer’ (Backdoor.Win32.Skimer). Skimer is an old threat that has been around since 2009, it is used by criminal organizations to […]
Security and fraud experts are observing a significant increase in the number of ATM skimming attacks across the world. It’s an emergency! Security and fraud experts are observing a significant increase in the number of cyber attacks against the ATMs, in particular, skimming attacks. The popular investigator Brian Krebs recently published an interesting post that […]
Proofpoint has collected evidence of new Carbanak group campaigns.The hackers are targeting banks in the Middle East, the United States and other countries. Security researchers at Proofpoint firm sustain to have collected evidence of new Carbanak group campaigns. This time the hackers are targeting banks in the Middle East, the United States and other countries. Last year, Kaspersky […]
Attack ATM is very simple for criminals, a video released by Miami Beach Police shows two men installing a credit card skimmer in less than 3 seconds. In October, the CENTRAL MEANS OF PAYMENT ANTIFRAUD OFFICE (UCAMP) of the Italian Ministry of Economy and Finance released the annual report on Payment card frauds. This year […]
Experts at Kaspersky Lab discovered that Carbanak cybergang is back and other groups are adopting similar APT-style techniques to steal money. Security researchers at the 2016 edition of SAS in Tenerife revealed that the infamous Carbanak gang is back, and it is not the unique group that is adopting APT-style techniques to steal money from banks. […]
Russian criminals Steal $4 Million In cash with a new technique dubbed reverse ATM Attack. Russian hackers have adopted a new technique, dubbed Reverse ATM Attack to steal Millions of dollars from ATMs of financial institutions. According to the experts at security firm GroupIB, the Reverse ATM Attack allowed criminal rings in Russia to steal 252 Million […]