Black Hat IBM has promised to open four research centers that will hunt for security vulnerabilities in technology – including a team dedicated to probing cash machines for flaws. It has been eight years since the late, great hacker Barnaby Jack took to the stage at the Black Hat USA conference in Las Vegas, and showed attendees how in …

European cyber-cops have felt the collar of a bloke suspected of running a network of crims that used malware to pinch €1bn (£874.8m, $1.24bn) from cash machines and other banking systems. The crew developed the software nasty Anunak, later updated to Carbanak, as well as cyber-weapons based on Cobalt Strike's penetration …

US authorities have arrested a pair suspected of being involved in a recent wave of Automatic Teller Machine "jackpotting" heists. The crimes came to light in late January 2017 when ATM-makers Diebold and Nixdorf warned banks to be on the lookout for jackpotters in the US. The US Secret Service weighed in with its own news …

Cash machines in the US are being hacked to spew hundreds of dollar bills – a type of theft dubbed "jackpotting" because the ATMs look like slot machines paying out winnings. A gang of miscreants have managed to steal more than $1m from ATMs using this attack, according to a senior US Secret Service official speaking to …

BSides Weighing in at 800kg secondhand, freestanding ATMs - a “safe with a computer on top” - are a logistical nightmare to own and research, security boffin Leigh-Anne Galloway warned delegates at the BSides Manchester infosec conference yesterday. b sides manchester talk on ATM. scrren grab from video Security boffin Leigh-Anne …

Police were called to a bank in Corpus Christi, Texas, after a customer getting money out of an ATM was passed a note pleading for help from inside the machine. The contractor working on the cash machine had accidentally locked himself inside the ATM room and realized he had left his phone in his truck. He scribbled notes …

Flaws have been found and fixed in Kaspersky Lab's security software for cash machines and other embedded systems. Hackers can exploit the bugs to circumvent anti-malware defenses in ATMs. Although Kaspersky responded promptly to the discovery and developed and released a patch, one wonders how long it will take for the …

Analysis Today marks the 50th anniversary of the Automated Teller Machine (ATM), the first of which was installed outside Barclays Bank, Enfield Town in north London. Actor Reg Varney from '70s sitcom On the Buses was the first to use the cash machine. Fast forward half a century and cash machines have become a familiar high street …

Updated A firm that supplies security software for cash machines has updated its technology after researchers uncovered a number of serious shortcomings. Flaws in GMV's Checker ATM Security technology created a means for hackers to remotely run malicious code on a targeted ATM. The CVE-2017-6968 vulnerability opened the door to all …

Improved technologies in the banking sector have failed to stem the rising tide of fraud in the US, according to a study by analytic software firm FICO. The US's belated move to EMV (Europay, MasterCard and Visa) chip-equipped cards hasn't curtailed fraud as much as many had hoped, based on the successful rollout of the …

Barclays is trialling smartphone cash withdrawals. The UK's first contactless mobile cash service will allow the bank's customers to withdraw up to £100 in-branch, with just a tap of their Android smartphone or contactless debit card. The technology offers an alternative to traditional cash withdrawals from specially outfitted …

A suspected security breach has led banks in India to warn 3.25 million customers to replace their debit cards or change the PINs. National Payments Corporation of India (NCPI), the umbrella organization for the nation's retail IT systems, said customers at 19 banks were affected. We're told 641 people have been defrauded – …

Bank raiders are increasingly turning to explosives in order to break into cash machines. The European ATM Security Team (EAST) reports that ATM explosive attacks were up 80 per cent in the first half of 2016 compared to the same period last year. A total of 492 explosive attacks were reported, up from 273 during the same …

London Police have continued to bag and tag criminals who installed malware in ATMs across the city, with the extradition of a Romanian man to the UK last week. Emanual Leahu was charged with conspiracy to defraud as part of a gang that stole some £1.5 million from ATMs across London in 2014. Gang members Grigore Paladi and …

Cybercriminals are hawking their claimed ability to exploit newly introduced biometric-based ATM authentication technologies. Many banks view biometric-based technologies such as fingerprint recognition to be one of the most promising additions to current authentication methods, if not a complete replacement to chip and PIN. …

Black Hat America's belated move to EMV (Europay, MasterCard and Visa) chip-equipped cards won't be the panacea some had hoped. As it turns out, the cards are just as easy to clone as their magnetic stripe predecessors. At the Black Hat 2016 security conference in Las Vegas this week, engineers from Rapid7 demonstrated how a few small …

Authorities in Taiwan are trying to work out how hackers managed to trick a network of bank ATMs into spitting out millions. Police suspect that two Russian nationals wearing masks cashed out dozens of ATMs operated by Taiwan's First Bank on Sunday and left the country the following day. The crooks stole an estimated T$70m ($2 …

Almost any cash machine in the world could be illegally accessed and jackpotted1 with or without the help of malware. Security researchers at Kaspersky Lab reached this conclusion after investigating real attacks on ATMs and assessments of the machines carried out for several international banks. The susceptibility of ATMs in …