Tech News: Malware is making ATMs ‘spit cash’


A Russian cybersecurity company has issued a warning of a spate of strikes that were coordinate on cash machines.
The machines hadn’t been physically tampered with, it said, but “money mules” had waited to snatch the cash.
Affected states are thought to comprise the Netherlands, Estonia, Armenia, Poland, Russia, Spain and great britain.
But the firm declined to identify any particular banks.
Two cash machine manufacturing companies, NCR Corp and Diebold Nixdorf, told Reuters they were not unaware of the danger.
“They’re taking this to another level in having the ability to attack a lot of machines simultaneously,” said senior manager Nicholas Billett, from Diebold Nixdorf.
“They understand they are going to be found pretty fast, so they stage it in this manner they can get cash from as numerous ATMs as they can before they get shut down.”
“The new procedure will be done by somehow getting use of the banks’ fundamental systems and infecting whole communities of ATMs concurrently, thus multiplying the amount of cash which can be stolen in a brief while,” said cybersecurity specialist Prof Alan Woodward.
It made the offense harder to follow because the cash in person was rolling up, he included.
“The classic manner of solving on-line financial crime would be to ‘follow the money’ – but when you are able to no longer do this, it is extremely difficult to find out who’s behind it, despite the fact that the evidence indicates it’s an extremely small amount of groups which have began perpetrating such a offense.”