The Anunak/Carbanak gang continues to rob financial services firms and retailers, in part with ATM malware. A new report says the cybercrime gang has stolen up to $1 billion from banks in Russia, the U.S. and beyond.
The globalization of fraud waged by organized crime has spurred new cross-channel attacks and is affecting how ATM operators approach data security, executives from three of the world's leading ATM manufacturers explain in this exclusive interview.
ATM vendors are working together to enhance threat information sharing and ensure hardware and software compatibility. In part two of an exclusive three-part interview, three leading ATM manufacturers explain why collaboration has become so important.
How will EMV and contactless payments reduce ATM-related card fraud? In part one of this three-part exclusive interview, executives from the world's top three ATM manufacturers discuss how they're helping banking institutions address emerging fraud trends.
A sophisticated hacking group in Eastern Europe with ties to banking Trojans like Carberp has now been linked to attacks waged against 16 U.S. retailers. Could U.S. banks be the next big targets?
Researchers demonstrate how ATMs could be hacked - without installing malware - by connecting a tiny computer to an inside port, bypassing the ATM's own computer and instructing the cash dispenser to begin issuing money.
A new security report confirms that ATM malware attacks are continuing to spread to new markets. Enhancing ATM physical security to thwart this emerging threat is urgent.
ATM skimming attack sophistication, and recent global upticks in ATM cash-out schemes, have put a spotlight on ATM-related fraud. Banking institutions, in particular, have struggled to keep up with some of these emerging ATM fraud schemes. One challenge banks and credit unions face is that their ATM networks are often...
Criminals have infected at least 50 ATMs in Eastern Europe, including Russia, with malware, dispensing millions of dollars in cash directly to money mules. Interpol warns such attacks could spread worldwide.
ATM manufacturers Diebold and Wincor Nixdorf are laying the groundwork for a new industry group focused on thwarting ATM crime. While experts say the time is right for a group like this, it will need industrywide buy-in to be successful.
Criminals have begun targeting ATMs in Western Europe using malware, as well as a new generation of stealthier skimmers designed to capture card data and PIN codes. But the stolen data is often used for fraud elsewhere, especially the U.S.
Concerns about ATM cash-outs and fraud reach new heights, as U.S. federal banking regulators warn institutions to watch out for the fraudsters' latest scheme, known as "unlimited operations."
Seventeen individuals are facing charges for their alleged roles in an international ATM skimming and money laundering scheme. The indictments of multiple individuals for a low fraud amount is encouraging, experts say.
A recent ATM fraud scheme that targeted banks in three states illustrates just how sophisticated ATM attacks have become, experts say. Learn how fraudsters are increasingly keeping their skimming schemes concealed.
A recent ATM skimming scheme linked to the theft of hundreds of thousands of dollars is an indicator of a coming surge in this type of fraud, experts say. Learn about the causes of this trend.
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