The FBI Says There's Going to be a Huge Bank Heist in the Coming Days

[at140]

https://finance.yahoo.com/news/fbi-says-apos-going-huge-114056469.html

The FBI just warned banks that their customers’ accounts could be targeted by a worldwide ATM hacking scheme.

The attack, known as an “ATM cash-out” or “unlimited operation,” is expected in the coming days, and will likely take place on a weekend or after banks have closed, according to information obtained by the FBI. Hackers will steal data by gaining access to bank systems or payment card processors. They’ll then alter bank data relating to fraud controls, maximum withdrawal limits, and even the amount of money in each account. Then, using the stolen information, they could withdraw large sums of cash from ATMs worldwide in the space of only a few hours.

The warning was issued only to banks, not the general public, but was publicized by Brian Krebs on his cybersecurity blog, Krebs on Security.

This kind of attack usually targets data acquired from small- and medium-sized banks because they tend to have less security than large institutions. That was the case in a series of attacks on Virginia’s National Bank of Blacksburg over an eight month period between 2016 and 2017. Hackers stole $2.4 million from ATMs around the country in two separate attacks on the same bank. Despite bulked-up security, the hackers managed to access the bank’s network twice through phishing emails.

[dalton99a]

1. Kick

[jcgoldie]

2. Welp

Guess this is one of the few times its good to be broke.

[at140]

5. Haha good time to be broke

if the account gets hacked.

[WhiteTara]

7. even if it's not by choice

[at140]

3. Keep an eye on your bank accounts

and keep minimum balances in checking accounts.

[Sherman A1]

6. My thoughts exactly

Time to do print outs of everything and have the documentation to back up what your balances and activity are this week.

[tavernier]

32. That's not difficult for me.

[Turbineguy]

4. To paraphase Trump

"I hope they do hack the GOP accounts!"

[iscooterliberally]

8. I check my account almost every day. My wife's card was cloned once.

At the time we were living in Boston. I saw all these charges coming in form hundreds of miles away. Someone even ate out at a seafood restaurant in NYC. I don't eat seafood at all, and we were no where near there. I called the bank right away and got everything reversed. They sent us new cards too. There were probably only about $100 in charges before we cut them off. Bastards...

[Pacifist Patriot]

30. I log in and check mine daily as well.

And yep, caught a card cloning after just two transactions, one a restaurant in Delaware. My credit union actually returned the funds to my account.

[elmac]

9. I thought they were talking about tRump

borrowing 1.5 trillion dollars and giving a trillion of that to corporations via tax cuts.

[Achilleaze]

11. Oh yeah, that, too. But it's OK because they are republicans

and they don't do honesty, integrity, ethics, or morality.

[Crutchez_CuiBono]

26. Heck no. Thats for the Christian sheep they claim are being treated unfairly.

[at140]

34. Let's face it, mega-rich people and corporations

control most politicians. Have you noticed most politicians retire way richer than when they began? Trump's tax cut benefited mega rich 100 times more than middle class. Corporations used the windfall to buy more shares of their own outfit, which enhances earnings/share and that increases their incentive earnings.

[MrScorpio]

10. I'm wondering if the FBI itself, through some sting, is behind this

[IronLionZion]

12. My ATM card was hacked recently

somehow, they managed to clone my card and use it at some ATM somewhere far away that I've never been to. My bank was good enough to decline the transaction and disable my card but decided not to notify me until I tried using it an ATM 2 weeks later and got declined. I had to call them to find out all this.

Keep an eye on your accounts and cards. The credit monitoring services are ok but not good enough. Be vigilant.

[progressoid]

17. And it happens quickly.

My card was cloned when I was in South Dakota and was then used less than 12 hours later at a gas station in Texas. Luckily my bank caught it. They called me to see if I had made a quick trip down there! Sent me a new card the next day.

[at140]

22. I had a terrible experience with my credit card.

I was driving from WA state to Florida...the longest drive in USA requiring 5-6 days of driving. In the middle of my trip my regular credit card was declined at a gas station.

Luckily I had enough cash so when I reached the motel in late evening, I called the credit card service. They said it was not my fault, but a major retailer was hacked, and any one who used the credit card at that retailer had their cards cancelled and new cards were mailed out. I said that does me no good because it will be 3+ weeks before I get back home. After lots of arguing, they reinstated my card for 5 days and had a replacement card delivered to my motel in Florida by federal express overnite delivery after I had reached that motel.

[Crutchez_CuiBono]

27. ATMS and Debit Cards are pockets waiting to be picked.

Anyone who still thinks alls well and secure on the internet bc some bank teller told you so...may be in deep doo doo.

[Stonepounder]

13. Interestingly, I got a phishing email just a few days ago

saying that my bank had detected 'irregular activity' on my account and to click on a link to verify the activity and my account would then be released. Strangely, the link provided had a .ru domain. Didn't know my bank had a security office in Russia.

[at140]

18. Check the web address of sent email

A phishing email will not have your bank's normal address.
And banks NEVER ask you to furnish vital information for existing accounts.

[IronLionZion]

24. Forward those to [e-mail] to notify the FTC

FTC Unveils New E-mail Address for Deceptive Spam: [e-mail]
https://www.ftc.gov/news-events/press-releases/2004/07/ftc-unveils-new-e-mail-address-deceptive-spam-spamucegov

[Stonepounder]

25. Didn't know about that.

I will forward the email. Thanks.

[Deb]

28. Thank you!!

[hatrack]

14. So, who's the ringleader? Mnuchin? Ross? DeVos?

The suspense - it's killing me.

[rainin]

15. If they wipe out data, how do you prove you had the money?

[at140]

19. BACKUPs

When I managed a computer system, we made sure we backed up data at end of every day and stored it in a different building.

[Thrill]

16. Your favorite President still refuses to admit

Hacking is going on

[A HERETIC I AM]

20. Well....shit. I'm just going back to bed then.

[apnu]

21. "hackers managed to access the bank's network twice through phishing emails"

Humans are still the weakest link in the security chain.

[lapfog_1]

29. always - n/t

[SleeplessinSoCal]

23. Damn Phishing emails! n/t

[PoliticAverse]

31. Followup: Hackers steal 10m from cash machines in global heist

Cyber criminals have hacked cash machines in 28 countries to loot over £10 million from an Indian bank.

Hackers infected the bank's credit card payment system with malware, which allowed them to approve transactions and access client accounts. Fake credit cards were then used to force ATMs around the world to dispense cash worth about $13 million until they were empty.

The attack on Cosmos Bank, based in the Indian city of Pune, was predicted by the Federal Bureau of Investigation (FBI) last week. The FBI issued a warning to global banks that there would be a global cyber attack of ATMs within days.

Read the rest at: https://www.yahoo.com/news/hackers-steal-10m-cash-machines-113407064.html

[at140]

33. Proves, Internet is good and bad!

One of my financial login has excellent security feature. When I login with username and password on my computer, they send me a code on my phone to complete the login process.