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.
![](https://eu-images.contentstack.com/v3/assets/blt6d90778a997de1cd/bltc94608acf452fd67/655cf371ab171e040a838b2a/329050_DR23_Graphics_Website_V5_Default_Image_v1.png?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
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.
About the Author
You May Also Like
Catch the Threat Before it Catches you: Proactive Ransomware Defense
September 5, 2024How to Evaluate Hybrid-Cloud Network Policies and Enhance Security
September 18, 2024DORA and PCI DSS 4.0: Scale Your Mainframe Security Strategy Among Evolving Regulations
September 26, 2024Harnessing the Power of Automation to Boost Enterprise Cybersecurity
October 3, 2024
[Virtual Event] The Essential Guide to Cloud Management
October 17, 2024Black Hat Europe - December 9-12 - Learn More
December 10, 2024SecTor - Canada's IT Security Conference Oct 22-24 - Learn More
October 22, 2024