Global ATM attack anticipated

Local Hua Hin and regional Thailand news articles and discussion.
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PeteC
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Global ATM attack anticipated

Post by PeteC » Fri Aug 17, 2018 4:56 am

Thai banks ‘prepared’ amid warning of global ATM attack
August 17, 2018 01:00 By ASINA PORNWASIN
THE NATION http://www.nationmultimedia.com/detail/ ... s/30352326

Be vigilant. I suspect there is some credence to a worldwide alert like this. Pete :cheers:

COMMERCIAL banks in Thailand have boosted security to prevent unauthorised access to their automatic teller machines as cybercriminals are reportedly planning to carry out a large-scale global ATM attack.......
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Homer
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Re: Global ATM attack anticipated

Post by Homer » Fri Aug 17, 2018 7:48 am

'Cashout' is the industry's name for such an attack. One happened in India last weekend. They're always done at banks with gaping security flaws, which are usually the smaller ones. They virtually always happen on weekends because it takes longer for the bank to realize what's happening. They always rely on magnetic stripe Debit cards. Article didn't say if banks using cards with both magnetic strips and chips are vulnerable.

Best source of computer security news and info: https://krebsonsecurity.com/2018/08/fbi ... out-blitz/

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