Skip to content
The Cyber Security Place

Identity Theft

Russia, Hackers Stole $4 Million in cash with Reverse ATM Hack method

Reported by itsecurityguru.org

Russian hackers have adopted a new technique, dubbed Reverse ATM Attack to steal Millions of dollars from ATMs of financial institutions.

According to the experts at security firm GroupIB, the Reverse ATM Attack allowed criminal rings in Russia to steal 252 Million Rubles (roughly US$3.8 Million ) from at least five different banks.

Read the full article at itsecurityguru.org