Tens of millions of dollars, credit cards and intellectual property stolen by a new group of cyber criminals.
Once again, ATMs have been "hacked" by individuals taking advantage of default, factory-set passcodes.
Kaspersky Lab performed a forensic investigation into cybercriminal attacks targeting multiple ATMs around the world.
The massive breach that Target suffered late last year was the proverbial straw that broke the camel's back and made the company decide to move to chip-and-PIN card technology.
A group of researchers from Cambridge University have discovered two critical flaws in the "Chip and PIN" (EMV) smart card payment system that can be misused to "clone" cards so effectively that normal bank procedures won't spot the fake.
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