Cyber criminals are increasingly accessing ATM machines through the banks’ networks, with squads of money mules standing by ready to pick up the stolen cash, Europe’s policing agency warned Tuesday.
« The malware being used has evolved significantly and the scope and scale of the attacks have grown proportionately, » said Steven Wilson, who head’s Europol’s EC3 cyber crime centre.
Previously criminals used physical ‘skimming’ devices or USB sticks or CDs to install malware within ATMs but since 2015 « a new and unnerving trend… has been picking up speed, » Europol said in a 40-page report on the latest ATM crime trends.
« The criminals have realised that not only can ATMs be physically attacked, but it is also very possible for these machines to be accessed through the (bank’s) network, » the report said, which was published in conjunction with the Trend Micro security software company.
One of the tricks used by hackers is to send a so-called phishing email to bank employees which once opened, contains software to penetrate the bank’s internal computer network.
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