Cosmos Bank – Computer Security Articles

Indian Bank Hit in $13.5M Cyberheist After FBI ATM Cashout Warning

August 17, 2018 admin A Little Sunshine, ALM Trading Limited, Cosmos Bank, data breaches, Hang Seng Bank, National Bank of Blacksburg, Reuters, Rupay, The Coming Storm, TN Raghunatha, Visa

Credit to Author: BrianKrebs| Date: Fri, 17 Aug 2018 19:27:10 +0000

On Sunday, Aug. 12, KrebsOnSecurity carried an exclusive: The FBI was warning banks about an imminent “ATM cashout” scheme about to unfold across the globe, thanks to a data breach at an unknown financial institution. On Aug. 14, a bank in India disclosed hackers had broken into its servers, stealing nearly $2 million in fraudulent bank transfers and $11.5 million unauthorized ATM withdrawals from more than two dozen cash machines across multiple countries.