Hackers Steals Millions From European ATMs Using Malware That Spit Out Cash.
ATM hackers who long relied on tactics of stealing payment card numbers and online banking credentials to steal millions are now targeting the bank itself to steal cash directly from the machines. Earlier this year, a gang of cyber criminals infected several ATMs with malware in Taiwan and Thailandthat caused the machines to spit out millions in cash, and the gang members then stood in front of the infected ATMs at the appointed hour and collected the money. Now, the FBI has warned U.S. banks of the potential for similar ATM jackpotting attacks, saying that the agency is "monitoring emerging reports indicating that well-resourced and organized malicious cyber actors have intentions to target the U.S. financial sector." ATM jackpotting is a technique used to force automated teller machines to spit out cash. According to Russian cyber security firm Group-IB, cyber crooks have remotely infected ATMs with malware in more than dozen countries across Europe this year, w...