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FBI warns banks about ATM cash-out scheme
The FBI is warning banks about a fraud scheme called an ATM cash-out, Krebs on Security reports. With this type of heist, attackers typically compromise a bank or payment card processor with malware, disable fraud controls and withdraw large sums of money -- sometimes millions of dollars -- with cloned bank cards. The FBI reportedly sent an alert to banks last week. "The FBI has obtained unspecified reporting indicating cyber criminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and commonly referred to as an 'unlimited operation'," said the notice.
