Cybersecurity Insights

Andrew Henwood

Recent Posts

The Growing Scourge of ATM Cash-Outs

20/08/19 10:51

Over the past three years, Foregenix has seen an unprecedented rise in successful attacks against banks that issue payment cards. This has resulted in hard currency ending up directly in criminals hands. Many banks are oblivious to the risks, even though there have been significant alerts from government agencies, leading card brands, cybersecurity vendors and press around these ATM cash-outs. Bank’s card management and processing environments are being targeted.

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Andrew Henwood

Recent Posts

The Growing Scourge of ATM Cash-Outs

20/08/19 10:51

Over the past three years, Foregenix has seen an unprecedented rise in successful attacks against banks that issue payment cards. This has resulted in hard currency ending up directly in criminals hands. Many banks are oblivious to the risks, even though there have been significant alerts from government agencies, leading card brands, cybersecurity vendors and press around these ATM cash-outs. Bank’s card management and processing environments are being targeted.

Read More