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The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,” in which the bad guys hack a bank or payment card processor to make cloned cards that they can use to withdraw money from ATMs around the globe.
The FBI put pressure on Apple to design custom software that would allow them to unlock an iPhone belonging to Syed Farook, one of the shooters. After a much-publicized standoff, the government dropped its case, claiming it had been approached by a third-partyvendor offering a way into the phone.
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