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The latest malware innovation: Infect ATMs and have them pump out cash

02
Jan
2014

Hackers in Europe managed to target several cash machines from an unnamed bank earlier last year by infecting them with malware from USB drives, BBC News reports. The researchers who discovered the hack detailed their findings at the Chaos Computing Congress in Hamburg, Germany recently. According to their report, the ATM thefts were discovered in July after a bank noticed how its machines were emptied of cash even though the cash should have been protected inside safes. The bank then discovered how criminals were cutting holes into ATMs in order to transfer malware from the USB to the ATM. Once the data transfer was complete, the holes would be patched up to conceal the attack. To withdraw money, hackers would

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