Crooks Hack Taiwan ATMs With Smartphone, No Bank Card, Steal Millions

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Publicated : 22/11/2024   Category : security


Crooks Hack Taiwan ATMs With Smartphone, No Bank Card, Steal Millions


Police say Russian suspects operate ATM machines without bank card, make off with $2.2 million.



Hackers, believed to be Russian nationals, stole around $2.2 million from ATMs in Taiwan, possibly using just their smartphones, and fled the country the following day, reports The Register
,
quoting Taiwanese police. Security camera footage shows the crooks used a connected device, but no bank card, to work several ATM machines of First Bank, say the police.
Craig Young of security tools firm Tripwire says it was likely the First Bank hackers “had installed malware ahead of time, enabling a wireless connection to jackpot the ATMs.” Three malware strains reportedly showed up on the breached machines. He believes a weak wireless service could also allow hackers to access ATMs.
Several banks in Taiwan have suspended their ATM operations while investigation continues.
Read more details on
The Register
.

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Crooks Hack Taiwan ATMs With Smartphone, No Bank Card, Steal Millions