Become a Patron!

Banks targeted in hybrid debit card scam

VUBot

Staff member
Diamond Contributor
ECF Refugee
Vape Media
Researchers at SpiderLabs, the research arm of Trustwave have released results of their investigations into a major attack targeting Eastern European banks. The attack uses mules to open new accounts with minimal deposits and, crucially, request a debit card. When the new card is delivered it's shipped elsewhere and hackers then use stolen credentials to manipulate the bank's systems and raise the overdraft limit, allowing cash to be drawn from ATMs. The clever part of all this is that the cards are sent to countries outside of the issuing bank's operating region. While some targeted banks were in Russia for… [Continue Reading]

X1osl82t-tI


Continue reading...
 

VU Sponsors

Top