• FBI warns cyber criminals are plotting a mass hack against bank ATMs

    From Virus Guy@1:396/4 to All on Mon Aug 13 11:44:49 2018
    From: Virus Guy <Virus@Guy.C0M>

    FBI warns cyber criminals are plotting a mass hack against bank ATMs

    Hackers ‘to steal MILLIONS from cash machines within days': FBI warns of imminent mass attack on world's ATMs

    * The FBI has sent a confidential alert to warn banks of a global
    'cash-out scheme'

    * A 'jackpotting' scheme would see hackers use malware to take control
    of ATMs

    * Smaller banks with less sophisticated security are said to be most
    vulnerable

    Published: 13:16 EDT, 13 August 2018 | Updated: 16:32 EDT, 13 August 2018

    America's intelligence chiefs have warned banks of a major hacking
    threat to cash machines worldwide in the next few days.

    The FBI sent out a confidential alert on Friday to warn that cyber
    criminals are planning a global 'cash-out scheme' using malware to take
    over ATMs and steal millions of dollars.

    Banks were warned that they could fall victim to an 'unlimited
    operation' in which millions of dollars could be withdrawn from cash
    machines.

    Smaller banks with less sophisticated security systems are thought to be
    most vulnerable to an attack using the 'jackpotting' technique, the
    Daily Telegraph reports.

    The FBI sent out a confidential alert on Friday to warn that cyber
    criminals are planning a global 'cash-out scheme' using malware to take
    over ATMs and steal millions of dollars

    The warning said: 'The FBI has obtained unspecified reporting indicating
    cyber criminals are planning to conduct a global Automated Teller
    Machine (ATM) cash-out scheme in the coming days, likely associated with
    an unknown card issuer breach.'

    The website Krebs On Security reported that criminals could create
    'fraudulent copies' of bank cards by installing their data on reusable magnetic strip cards.

    The FBI warned that 'at a pre-determined time, the co-conspirators
    withdraw account funds from ATMs using these cards.'

    'Historic compromises have included small-to-medium size financial institutions, likely due to less robust implementation of cyber security controls, budgets, or third-party vendor vulnerabilities,' the alert said.

    Attacks could affect banks all over the world with British banks with
    large overseas interests including Barclays and HSBC thought to have
    been made aware of the danger from the 'jackpotting' technique.

    Earlier this year it was revealed that a co-ordinated group of hackers
    had stolen more than $1million by hijacking cash machines in the U.S.

    The spate of attacks represented the first widespread jackpotting
    activity in the United States, officials said in January.

    The heists, which involved hacking ATMs to rapidly shoot out torrents of
    cash, were across the United States spanning from the Gulf Coast to New England.

    British banks with large overseas interests including Barclays and HSBC
    are thought to have been made aware of the danger from the 'jackpotting' technique

    An alert at the time from an ATM maker said the method included gaining physical access, replacing the hard drive and using an industrial
    endoscope to depress an internal button required to reset the device.

    A U.S. Secret Service alert sent to banks in January said machines
    running Windows XP were more vulnerable and encouraged ATM operators to
    update to Windows 7 to protect against the attack.

    Hackers have moved from stealing payment card numbers and online banking credentials to more lucrative hacks on bank networks, giving them access
    not only to ATM machines, but also to electronic payment networks.

    In 2016 it was reported that cyber criminals had remotely attacked cash machines in more than a dozen countries across Europe.
    --- NewsGate v1.0 gamma 2
    * Origin: News Gate @ Net396 -Huntsville, AL - USA (1:396/4)