FBI Warns Of Potential ATM Bank Heist That Could Steal Millions Globally

BY Shannon Liao

The FBI has warned banks that ATMs will likely face a global attack by criminals in the “coming days.” The FBI was tipped off that these cybercriminals would hack payment card processors or banks and use ATMs all over the world to withdraw millions of dollars over the course of a few hours, as reported by cybersecurity blog Krebs on Security.

Krebs on Security says that the FBI shared a confidential alert with banks last Friday, stating, “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.”

The criminals would compromise a bank or card processor with malware so that they gain access to bank users’ card numbers. They’d also use their access to alter ATM withdrawal limits and account balances, allowing them to withdraw as much money as each ATM possesses, according to Krebs on Security.

Source: The Verge

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