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Pirates discover a trick to steal your money from an ATM
With the introduction of ATM banking without a card and smart phone, hackers "criminals" have come up with a new way to steal your money.
This comes at a time when major banking and financial institutions are allowing customers to withdraw money via their smartphones.
Now hackers can use your stolen account data to access pirated accounts and steal money, according to the online security and data site, Crybs on Security.
A recent example is what happened in Cincinnati, where the FBI conducted several arrests in the city and is still looking for "unknown conspirators so far," ABC News's Cincinnati Television reported.
The arrests came after complaints received by Fifth Fifth Bank in the city from a number of customers over text messages that their accounts were "closed", Fox News reported.
When customers clicked on the link in text messages to open their "closed" accounts, the link was redirected to fake sites asking for sensitive information such as passwords and others.
Subsequently, after withdrawing up to $ 68,000 from 17 ATMs in Illinois, Michigan and Ohio, the bank contacted the Federal Bureau of Investigation.
According to the information, a man made about 19 withdrawals totaling $ 9000, and the man himself withdrew other funds, bringing the total cash withdrawn before his arrest directly to $ 14,000.
The total number of customers who were deceived and stolen their data 120 customers, while the total losses of the bank to 106 thousand dollars.
Although many people may not have heard of ATM transactions without a card, this may change as they become more common gradually, giving criminal hackers new opportunities to steal.
In January 2017, a woman in California lost about $ 103,000 in this way from Chase Bank.
The thieves here did not have to know the PIN, and all they needed to know was the smartphone number and the device itself, where they controlled Chase's account for women using the login and password.
However, last year only a few major banks were using this medium, but now even small and local banks have updated their ATMs so they can handle the new technology.