FBI Warns of ‘Unlimited’ ATM Cashout Blitz

The Federal Bureau of Investigation FBI is warning banks that cybercriminals are preparing to carry out a highly choreographed, global fraud scheme known as an "ATM cash-out," in which crooks hack a bank or payment card processor and use cloned cards at cash machines around the world to...

The biggest bank robbery in history, Hackers stole $45 million

They didn't use guns, masks or even threatening notes passed to bank tellers. It may be the largest bank robbery in history. A gang of cyber-criminals operating in 26 countries stole $45 million by hacking their way into a database of prepaid debit cards. Reportedly, the group of hackers targeted...