Hackers Are Stealing Millions From ATM Worldwide With New Malware

Tuesday, October 7, 2014
By Paul Martin

David Gilbert
BusinessInsider.com
Oct. 7, 2014

A criminal gang is using a piece of malware to allow it to steal millions in cash from ATMs around the world without having to use a credit or debit card.

The hackers are using a piece of malware called Tyupkin, which once installed on an ATM allows the criminals to steal huge amounts of money by simply entering a series of codes.

The malware has so far been detected infecting ATMs in Europe, Latin America, and Asia.

The attack was detected by Russian security firm Kaspersky Lab, which was asked by an unnamed financial institution to investigate the cyberattack.

There are no details relating to the criminal gang behind the attacks, but Kaspersky Lab says the gang has stolen “millions of dollars” using the Tyupkin malware.

“Over the last few years, we have observed a major upswing in ATM attacks using skimming devices and malicious software,” said Vicente Diaz, principal security researcher at Kaspersky Lab.

The Rest…HERE

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