FBI Warns of ‘Unlimited’ ATM Cashout Blitz
Krebs on Security
AUGUST 12, 2018
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. “The FBI has obtained unspecified reporting indicating cyber criminals are planning to conduct a global Automated Teller Machine
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