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Data Dive: Expanding Efforts — Good, Bad And Unpredictable

PYMNTS

According to a newly issued warning to banks , cybercriminals are gearing up to launch a choreographed global scam, known as the “ ATM cashout.” The idea is that the bad guys will hack a bank or payment card processor to clone cards, which they can use to withdraw money from ATMs around the globe.

FBI 40
article thumbnail

 Data Dive:  Expanding Efforts, Good, Bad And Unpredictable

PYMNTS

According to a newly issues warning to banks – cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,”. The idea is that the bad guys will hack a bank or payment card processor to make cloned cards that they can use to withdraw money from ATMs around the globe.

FBI 40