FBI Warns: Cyber Criminals Are Plotting WORLDWIDE Mass Hacking Of ATM Machines
The FBI is warning of a worldwide mass hacking plot that could see millions withdrawn from bank accounts. The major operation has forced the FBI to warn banks of an imminent “cashout” attack on cashpoints around the globe.
Banks have now been warned that they could fall victim to an “unlimited operation” in which millions of dollars could be withdrawn from cash machines. According to The Independent, the “jackpotting” scheme would see hackers use malware to take control of ATMs. Smaller banks with less sophisticated security are said to be most vulnerable to this attack. The “cashout” will most likely take place over the course of a few hours on a weekend after most banks have closed.
“The FBI has obtained unspecified reporting indicating cybercriminals 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 and commonly referred to as an ‘unlimited operation’,” states an FBI alert to banks that was obtained by cybersecurity expert Brian Krebs. “Virtually all ATM cashout operations are launched on weekends, often just after financial institutions begin closing for business on Saturday,” Krebs explained in a blog post.
“Historic compromises have included small-to-medium size financial institutions, likely due to less robust implementation of cybersecurity controls, budgets, or third-party vendor vulnerabilities. The FBI expects the ubiquity of this activity to continue or possibly increase in the near future,” the alert also stated.
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.” In order to maximize the payouts during such cyber attacks, hackers will often remove the fraud controls such as withdrawal limits. This allows perpetrators to empty cash machines of all the money stored in them.
The FBI advised banks to review their security measures, keep their software up to date, and implement stronger protections when possible.
As of now, there is no clear way that one can protect themselves from this hack. Obviously, if you don’t have a bank account you won’t have to be concerned about this particular attack.
This article has been contributed by SHTF Plan. Visit www.SHTFplan.com for alternative news, commentary and preparedness info.
Source: http://www.shtfplan.com/headline-news/fbi-warns-cyber-criminals-are-plotting-worldwide-mass-hacking-of-atm-machines_08152018
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).