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Hackers are preparing an ‘unlimited’ ATM cash heist

August 17, 2018

From the PSB website

The FBI is warning financial institutions that cybercriminals are preparing to execute a hack that could siphon a virtually unlimited amount of money from ATMs around the world.

The “ATM cash-out” scheme or “unlimited operation” is likely to happen in the near future, the FBI said in a confidential alert on Friday, made public by cybersecurity journalist Brian Krebs.

“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 alert read, according to Krebs.

Here’s what you should know and how you can protect yourself.

From → Cyber / Computer

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