atm skimmer device | Breaking Cybersecurity News | The Hacker News

Forget about security! It turns out that the Chip-and-PIN cards are just as easy to clone as magnetic stripe cards. It took researchers just a simple chip and pin hack to withdraw up to $50,000 in cash from an ATM in America in under 15 minutes. We have been told that EMV ( Europay, MasterCard and Visa ) chip-equipped cards provides an extra layer of security which makes these cards more secure and harder to clone than the old magnetic stripe cards. But, it turns out to be just a myth. A team of security engineers from Rapid7 at Black Hat USA 2016 conference in Las Vegas demonstrated how a small and simple modifications to equipment would be enough for attackers to bypass the Chip-and-PIN protections and enable unauthorized transactions. The demonstration was part of their presentation titled, "Hacking Next-Gen ATMs: From Capture to Washout," [ PDF ]. The team of researchers was able to show the audience an ATM spitting out hundreds of dollars in cash. Here...

We have heard a lot about ATM skimmers, but it's nearly impossible to spot one. Some skimmers are designed to look exactly like the card slot on the original machine and attached to the front, and others are completely hidden inside the ATM. But, during his vacation in Vienna, Austria, cyber security expert Benjamin Tedesco spotted an ATM skimmer that was totally unrecognizable. Tedesco was hanging out in Vienna and when about to draw some cash from a cash machine outside St. Stephen's Cathedral, he decided to do a quick visual inspection of the ATM machine and surprisingly spotted the dodgy device attached to it. Warning: Beware of Skimming Devices Installed on the ATM Vestibule Doors . That was a credit card skimmer – a perfect replica of the actual card reader that was designed to steal credit card information of users when they swipe their card to take off cash from the ATM. "Being security paranoid, I repeated my typical habit of checking the card read...

In cybersecurity, confidence is a double-edged sword. Organizations often operate under a false sense of security , believing that patched vulnerabilities, up-to-date tools, polished dashboards, and glowing risk scores guarantee safety. The reality is a bit of a different story. In the real world, checking the right boxes doesn't equal being secure. As Sun Tzu warned, "Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat." Two and a half millennia later, the concept still holds: your organization's cybersecurity defenses must be strategically validated under real-world conditions to ensure your business's very survival. Today, more than ever, you need Adversarial Exposure Validation (AEV) , the essential strategy that's still missing from most security frameworks. The Danger of False Confidence Conventional wisdom suggests that if you've patched known bugs, deployed a stack of well-regarded security tools, and passed the nec...

Despite anti-skimmer ATM Lobby access control system available in the market, we have seen a number of incidents in recent years where criminals used card skimmers at ATM doors. Few years back, cyber criminals started using card skimmers on the door of the ATM vestibule , where customers have to slide their credit or debit cards to gain access to the ATM. The typical ATM Skimming devices are used by fraudsters capture both magnetic stripe data contained on the back of a debit or credit card as well as the PIN number that is entered by the customer when using the ATM. In recent case discussed by Brian, cyber criminal installed the card skimming device on the ATM Lobby Card Access Control and a pinhole hidden camera pointed at the ATM's keyboard. Basically, it's an ATM skimmer that requires no modification to the ATM. The card skimmer hidden on the ATM door records the debit and credit card information , and the pinhole camera records the PIN number the ...