ATM skimming | Breaking Cybersecurity News | The Hacker News

Hacking ATM Machines is nothing new, but it seems that instead of relying on ATM skimmers now some smart hackers in Europe are reportedly targeting ATM Machines using Malware -loaded USB drives to steal money. Most of the world's ATMs are running on Windows XP operating system, which is highly vulnerable to Malware attacks. Just like your Desktop Laptops, some ATMs also have USB sockets, which is hidden behind the ATM's fascia. The German security researchers who discovered the hack detailed their findings at the Chaos Computing Congress in Hamburg, Germany recently. They said that the thieves cut holes in the fascia to access a USB port and then uploaded malware to the machines. The malware creates a backdoor that can be accessed on the front panel. " These researchers explained that the malware allowed the thieves to create a unique interface on the ATMs by typing in a 12-digit code. This interface allowed for withdrawal and also showed the criminals the amount of money and e

Today I desire to propose an interview with Andrey Komarov , CEO of IntelCrawler and Dan Clements , President of IntelCrawler. IntelCrawler  is a multi-tier intelligence aggregator, which gathers information and cyber prints from a starting big data pool of over 3, 000, 000, 000 IPv4 and over 200, 000, 000 domain names, which are scanned for analytics and dissemination to drill down to a desired result. I have prepared for them a series of answers and questions to analyze significant evolutions in the cyber-threat landscape: Q. Which are the most concerning cyber threats for private businesses and government organizations? A. Avoiding talking about usual and standard things, of course, the most dangerous and annoying is the emergence of fundamentally new vulnerabilities in critical applications and systems. " Zero day " vulnerabilities market is developing every day and taking the shape of a part of the future cyber warfare market , as it is still in the process of formati

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A Romanian man serving a five-year jail sentence in Romania for his involvement in an ATM skimming scheme, has developed a device designed to protect ATMs from such attacks. 33-year-old Valentin Boanta who is being detained in a prison from Vaslui, Romania, after he was convicted on charges of bank card fraud in 2009, developed what he calls the SRS (Secure Revolving System) which changes the way ATM machines read bank cards to prevent the operation of skimming devices that criminals hide inside ATMs. " When I got caught I became happy. This liberation opened the way to working for the good side ," Boanta said. " Crime was like a drug for me. After I was caught, I was happy I escaped from this adrenaline addiction ," Boanta said. Boanta began working on SRS during his trial. SRS, Boanta says, can be installed into any ATM. ATM skimmers work by installing a second, concealed card reader over the one that's built into the ATM. When an unsuspecting bank customer