Tag Archives: ATM

  • ATM machines under attack, spitting out cash on demand

    Cobalt hacker group has carried out this attack in 14 different countries including Russia, the UK, the Netherlands and Malaysia. The ‘touchless jackpotting’ technique employed does not involve any physical manipulations of ATMs. Bank systems are infected using tools that are widely available in public sources. The shortest time taken to obtain total control over […]

  • ATM Attacks: Biometric Skimmers Development Underway

    Banks are improving ATM authentication mechanisms in an effort to prevent fraud, but cybercriminals have already started developing the tools and techniques they need to bypass these modern security systems. One increasingly popular authentication method involves biometrics, which includes voice, fingerprint, iris pattern, palm geometry and facial recognition. Some major banks have already started rolling […]