FBI warns of massive ATM scam that could affect banks worldwide

2018-8-14 00:24

The Federal Bureau of Investigation (FBI) recently warned banks that cybercriminals are poised to carry out an “ATM cash-out,” an operation that gives thieves access to untold sums of money by bypassing security measures on an ATM.

If successful, the operation has the potential to be a heist unlike any we’ve ever seen. The FBI told banks on Friday: 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, likely associated with an unknown card issuer breach and common referred to as an ‘unlimited operation‘. …

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