First of all, we are going to analyze the forecasts we made at the end of 2020 and see how accurate they were. Then we will go through the key events of 2021 relating to attacks on financial organizations. Finally, we will make some forecasts about financial attacks in 2022. Analysis of forecasts for 2021 The COVID-19 pandemic is likely to cause a massive w

The FBI warns of an increase of fraudulent schemes leveraging cryptocurrency ATMs and QR Codes to facilitate payment. The FBI Internet Crime Complaint Center (IC3) published an alert to warn the public of fraudulent schemes leveraging cryptocurrency ATMs and Quick Response (QR) codes to complete payment transactions. This payment option makes it quite

Researchers demonstrated how crooks could hack Diebold Nixdorf’s Wincor Cineo ATMs to bypass black-box attack protections and withdraw cash. Positive Technologies researchers Vladimir Kononovich and Alexey Stennikov have discovered security flaws Wincor Cineo ATMs that could be exploited to bypass Black-Box attack protections and withdraw cash.

In 2018 three high-ranking members of a sophisticated international cybercrime group operating out of Eastern Europe were arrested and taken into custody by US authorities. Ukrainian nationals Dmytro Fedorov, Fedir Hladyr, and Andrii Kolpakov, were members of a prolific hacking group widely known as FIN7. Hladyr is the systems administrator for the FIN7 h

A cyber criminal organization has stolen money from at least 35 Italian ATMs with a black box attack technique. A criminal organization has stolen money from at least 35 ATMs and Post Office cash dispensers operated by Italian banks with a new black box attack technique. The Carabinieri of Monza dismantled by the gang, the Italian law enforcement agenc

Sometimes, I think there are three certainties in life: death, taxes, and some form of payment fraud. Security reporter Danny Palmer experienced this a little while ago, and has spent a significant amount of time tracking the journey of his card details from the UK to Suriname. His deep-dive confirmed that it is easy to become tangled up in fraud, even if yo

Jackpotting, an older ATM theft technique, could show security operations team members what to look out for when it comes to Internet of things (IoT) attacks in general, and even election machine vulnerabilities.  This technique first entered the U.S. cybersecurity lexicon in 2018, when Brian Krebs warned of attacks at American ATMs. Jackpotting, Krebs

ATM maker Diebold Nixdorf is warning banks a new ATM black box attack technique that was recently employed in cyber thefts in Europe. Black box attacks are a type of jackpotting attack aimed at forcing an ATM to dispense the cash by sending a command through a “black box” device. In this attack, a black box device, such as a mobile device o

Methodology Financial cyberthreats are malicious programs that target users of services such as online banking, e-money, and cryptocurrency, or that attempt to gain access to financial organizations and their infrastructure. These threats are usually accompanied by spam and phishing activities, with malicious users creating fake financial-themed pages and em

Kaspersky Security Bulletin 2019. Advanced threat predictions for 2020 Cybersecurity of connected healthcare 2020: Overview and predictions 5G technology predictions 2020 Corporate security prediction 2020 Key events 2019 Large-scale anti-fraud bypass: Genesis digital fingerprints market uncovered Multi-factor authentication (MFA) and biometric challenges

Our investigation into the Dtrack RAT actually began with a different activity. In the late summer of 2018, we discovered ATMDtrack, a piece of banking malware targeting Indian banks. Further analysis showed that the malware was designed to be planted on the victim’s ATMs, where it could read and store the data of cards that were inserted into the mach

While some criminals blow up ATMs to steal cash, others use less destructive methods, such as infecting the ATM with malware and then stealing the money. We have written about this phenomenon extensively in the past and today we can add another family of malware to the list – Backdoor.Win32.ATMii. ATMii was first brought to our attention in April 2017,

Disclaimer and warning ATM systems appear to be very secure, but the money can be accessed fairly easily if you know what you are doing. Criminals are exploiting hardware and software vulnerabilities to interact with ATMs, meaning they need to be made more secure. This can be achieved with the help of additional security software, properly configured to stop

Cyber criminals are targeting ATM machines through the banks’ networks, the operations involve squads of money mules for the cashout. The Europe’s policing agency warns of a rise of cyber attacks against ATM machines. Criminal organizations are targeting ATM machines through the banks’ networks, the operations involve squads of money mules

The analytic software firm FICO Reports a 39 Percent Rise in Debit Cards Compromised at ATMs and Merchants in the United States. According to a report published by the analytic software firm FICO, US Debit Cards compromised raise up to 39% in the first six months of 2017 compared to the same timeframe one year prior. In the same period, FICO reported an in