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Hackers steal £10m from cash machines in global heist [$13M]
www.yahoo.com ^ | August 16, 2018 | Natasha Bernal

Posted on 08/16/2018 6:55:23 AM PDT by Red Badger

yber criminals have hacked cash machines in 28 countries to loot over £10 million from an Indian bank.

Hackers infected the bank's credit card payment system with malware, which allowed them to approve transactions and access client accounts. Fake credit cards were then used to force ATMs around the world to dispense cash worth about $13 million until they were empty.

The attack on Cosmos Bank, based in the Indian city of Pune, was predicted by the Federal Bureau of Investigation (FBI) last week. The FBI issued a warning to global banks that there would be a global cyber attack of ATMs within days.

UK-based banks with large international operations, such as HSBC and Barclays, are among those made aware of the threat.

The FBI said that it had intelligence that criminals were going to hack into a banking system using a highly choreographed fraud scheme known as ATM "jackpotting", in which crooks hack a bank or payment card processor and use cloned cards at cash machines around the world to take out millions in just a few minutes.

(Excerpt) Read more at yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Government
KEYWORDS: atm; bank; cash; hack
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1 posted on 08/16/2018 6:55:23 AM PDT by Red Badger
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To: Red Badger

So, the warnings yesterday were true.


2 posted on 08/16/2018 6:58:41 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: Red Badger

Which I assume means that ultimately they hacked thousands of individual accounts in order to clone them.


3 posted on 08/16/2018 6:59:46 AM PDT by 3boysdad (The very elect.)
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To: cuban leaf

I think the FBI needed money.


4 posted on 08/16/2018 7:00:05 AM PDT by Jonty30 (What Islam and secularism have in common is that they are both death by cults.)
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To: Jonty30

Anyone look at stroczk’s gofundme account today? We already know he’s a POS.


5 posted on 08/16/2018 7:01:53 AM PDT by rktman (Enlis ted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: cuban leaf

Yep.


6 posted on 08/16/2018 7:02:47 AM PDT by RushIsMyTeddyBear
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To: cuban leaf

Apparently so.

They just didn’t know who the target was.................


7 posted on 08/16/2018 7:04:35 AM PDT by Red Badger (July 2018 - the month the world learns the TRUTH......Q Anon)
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To: Red Badger

You would think it would be possible for ATM manufacturers to program an unhackable chip, they would set off an alert when more than a certain amount of money was being dispensed by an ATM. Such a chip could be completely separate from the normal software.

I wouldn’t be surprised if manufacturers offered such a feature in the near future.


8 posted on 08/16/2018 7:07:04 AM PDT by proxy_user
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To: rktman
Excellent suggestion~

Anyone look at Stroczk’s gofundme account today?

9 posted on 08/16/2018 7:07:27 AM PDT by Grampa Dave ( Mexico's elite/white conquistadors have manipulated & interfered in our elections, since Ike!)
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To: Jonty30

I think the FBI needed money.

The Deep State..................

10 posted on 08/16/2018 7:07:47 AM PDT by Red Badger (July 2018 - the month the world learns the TRUTH......Q Anon)
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To: rktman

Post #10................


11 posted on 08/16/2018 7:08:31 AM PDT by Red Badger (July 2018 - the month the world learns the TRUTH......Q Anon)
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To: Red Badger

kudos to the agents that nailed this one. good work.


12 posted on 08/16/2018 7:11:04 AM PDT by dadfly
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To: Red Badger
Ha! Love that shoop! 😁
13 posted on 08/16/2018 7:11:58 AM PDT by RushIsMyTeddyBear
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To: Red Badger

a warning without specifics is no warning...

something bad is going to happen today, to someone.


14 posted on 08/16/2018 7:13:36 AM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world.)
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To: Jonty30

Well, in the banking world, basically what these folks did was steel the cash box in the petty cash drawer.


15 posted on 08/16/2018 7:14:14 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: dadfly

Well, kinda. Still a bunch of money gone.


16 posted on 08/16/2018 7:21:41 AM PDT by rktman (Enlis ted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: cuban leaf

10 mil Turkish Lira. What is that in American money. $20 dollars?


17 posted on 08/16/2018 7:24:50 AM PDT by Autonomous User (During times of universal deceit, telling the truth becomes a revolutionary act.)
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To: taxcontrol

Ruh-Roh !


18 posted on 08/16/2018 7:37:14 AM PDT by Delta 21 (Splodeyhead is the only cure for MAGAphobia)
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To: 3boysdad

They print up a bunch of fake cards then hack the computer the ATMs ask permission from to bypass security of the fake cards and the ATMs spit out cash like a malfunctioning slot machine in Vegas. ATMs just doing what they were designed to do.


19 posted on 08/16/2018 7:40:38 AM PDT by Delta 21 (Splodeyhead is the only cure for MAGAphobia)
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To: Red Badger

I have never used an ATM machine and have no plans to do so in the future. Can I tell the bank not to issue ATM cash?


20 posted on 08/16/2018 7:44:15 AM PDT by BipolarBob (In other news Satan is opening a Skating Rink in downtown Hell.)
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