Tag: ATM

After running an elaborate scam that netted about $9 million, eight men were indicted by a federal grand jury Tuesday for their alleged roles in a massive ATM hacking scheme. While similar heists have been pulled before, this one is impressive not only because of the large chunk of cash, but because of the sheer scope of the crime, as well. According to Threat Post, hackers discovered a way to ...

Don't you love that lovely twist wherein the hunter becomes the hunted? Such was the case at the recent DefCon hackers' convention in Las Vegas, where a fake ATM was set up in the conference center of the Riviera Hotel Casino in order to steal account information from any gullible hackers who might cross it. Apparently, there were at least a few of them. (As of yet, no reports stating the exact ...

South African crooks have recently focused their attention on Absa Bank, one of the African nation's largest financial institutions, by bombing several of the company's ATMs during the last year. In the Western Cape region, a popular tourist destination, authorities also claim to have identified approximately 40 data-stealing card-skimmers at various ATMs. To protect its machines -- and inflict ...

It's bad enough when your credit or debit card is rejected, but imagine if you tried to make a large purchase and were declined due to a computer glitch. That's what happened to customers of Barclays bank across southern England when a "faulty disc array" took out 1,500 ATMs along with phone and Internet banking services, altogether preventing merchants from processing purchases. According to ...

There are plenty of ways to rob an ATM, though most require a degree in engineering or computer programming. So if you're not technologically inclined, there is only one real way to empty an ATM of its bounty: brute force. For the record, smashing, cutting, or breaking open an ATM is no easy task. No one is going to walk into a bank vestibule with an acetylene torch and walk out a couple ...

If things continue at this pace, we may never use an ATM again. Stealing money from other people's accounts using information garnered from an ATM is nothing new. We've seen hackers grabbing data as it's transferred from the ATM to the bank's servers. We've even seen the first use of ATM card skimmers, which collect information as customers swipe their cards. While those schemes require a certain ...

After snapping the above photo of a pair of Loomis employees filling an ATM, self-described straight-edge vegan and anarchist Shane Becker got himself arrested at a Seattle REI. While we don't doubt Becker's innocent intentions (apparently, he snapped the photo out of sheer curiosity), what got the idiot arrested was likely not the photo, as he claims, but his refusal to cooperate with the ...

New Yorkers are once again the victims of an ATM-rigging spree that managed to steal more than $500,000 from hundreds of Staten Island residents. According to the Daily News, the thieves attached skimmers on card slots in ATMs at Sovereign Bank branches in the New York City borough. In addition to the scanned data, the criminals hid tiny cameras in the lighted ATM signs and used the cameras to ...

ATM card skimmers. We knew they were a terrifying technical possibility, but, until now, no one had ever found one in the wild. That is until a reader, known as Dan, e-mailed The Consumerist with the photo above and a tale about a suspicious-looking ATM at his local Washington Mutual branch. Dan noticed that something was a little off. The card slot didn't seem to be completely attached to the ...

If you're tired of being scammed at ATMs by kind, gentle-hearted con artists (and then forgetting it ever happened), you'll be stoked to know that Japan is looking out for you. Chiba Bank has installed phone signal jammers at four unnamed ATMs at bank branches in the Tokyo region, and while it has gone down as the first institution to go to such lengths, we highly doubt it'll be the last. It's ...

Money makes the world go 'round. The problem is, how to get money 'round the world. Sure, there's always Western Union or MoneyGram, but if you ask us, that requires just one step too many. A Charlotte, North Carolina-based company, Privier Inc, hopes to have an easier, and more accessible, solution. The company's service, dubbed ATMSend, would allow a user to send cash to another user for ...

So you follow your bank's advice to the letter when it comes to ATM security: You don't let someone snoop over your shoulder why you're using it, you don't stand there to count your cash immediately after withdrawal, and, most importantly, you've chosen a PIN that isn't "1234." Good for you, you're doing your part. Sadly, though, it seems that Citibank, and two companies that operate thousands of ...

If a bank's automatic teller machine was malfunctioning and spitting out extra cash, what would you do? Call the bank and let them know of the error, or just hurry up and get in line? According to the Daily Mail, dozens of Brits chose the latter, queuing up outside a local convenience store when it was discovered that the ATM machine on the curb was paying out twice what people had requested. ...

CBS 2 in Los Angeles apparently ran out of things to report this week -- we guess they're bored of Super Tuesday, the Super Bowl, and war -- and jumped on a timeless "look how gross this is" story by swabbing Q-Tips on a bunch of ATMs, a piece of machinery that we all come in contact with on a regular basis. Not that this is much of a shock, but after sending the swabs to a lab, the ...

If you were worried that your child wasn't being trained to be a good economic citizen, then check out this toy to make sure he or she grows up learning the value of plastic. The Children's Touch Screen ATM Bank comes with a card and a PIN for your tyke to manage an account of up to $999.99. The bank accepts bills of all kinds and coins. Some of you probably hope that this little gizmo will ...