A Turkish man who allegedly masterminded a string of quick-hit ATM "cash out" attacks - netting at least $55 million - has reportedly been extradited from Germany to New York to face related charges.
Security experts warn ATM operators to ensure their machines are locked down in the wake of ATM manufacturer NCR's warning that it is investigating a series of USB-port hack attacks on ATMs in India.
In an exclusive interview, Sergey Golonvanov, a threat researcher at Kaspersky Lab, offers insights about the Russian cybercrime ring that over the weekend made headlines for defrauding banks of up to $1 billion.
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.
A Romanian man has pleaded guilty to charges stemming from his role in a large-scale ATM skimming scheme that defrauded Wells Fargo, Citibank, TD Bank and other financial institutions out of at least $5 million.
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?
A hacker involved in the RBS WorldPay network intrusion in 2008, which led to $9 million in fraudulent ATM withdrawals, has received a substantial prison sentence. Find out the details.
London police have arrested a suspect on charges that he participated in a series of ATM malware attacks that netted £1.6 million ($2.6 million) from 51 cash machines over a three-day holiday weekend in May.
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.
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.
Although malware attacks against POS terminals at retailers have been in the spotlight, banks and credit unions need to be aware of the emerging threat of malware targeting ATMs, say Trustwave's Matthew Jakubowski and Graham Mott of the U.K.'s ATM network.
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