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FBI Warns of ‘Unlimited’ ATM Cashout Blitz

August 13th, 2018
Categories: News

Link: https://www.blacklistednews.com/article/67719/fbi-warns-of-unlimited-atm-cashout.html

The Federal Bureau of Investigation (FBI) is warning banks that cybercriminals are preparing to carry out a highly choreographed, global fraud scheme known as an “ATM cash-out,” in which crooks hack a bank or payment card processor and use cloned cards at cash machines around the world to fraudulently withdraw millions of dollars in just a few hours.

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