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EU ATM malware threatens lenders around the world

The threat of automated malware on ATMs

The "EU ATM Malware" is malicious software that affects ATMs of various brands, with a 99% success rate. Automated and versatile, it threatens global banking security. Banks must update their defenses to counter this threat.

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The European digital landscape is being shaken by a new type of malware targeting ATMs. This software, called "EU ATM Malware" is distinguished by an impressive success rate, which according to its creators is up to 99%. The threat posed by this attack is not confined to European borders but extends to approximately 60% of ATMs globally, significantly increasing the risk to banking security on a global scale. This malware's ability to target devices from leading brands such as Diebold Nixdorf, Hyosung, Oki, Bank of America, NCR, GRG, and Hitachi makes it particularly concerning.

Advanced functionality and automation

One of the most alarming aspects of the “EU ATM Malware” is its complete automation, which facilitates its implementation and operation. The ability to withdraw up to $30,000 from a single ATM makes it a powerful draw for cybercriminals. For those who prefer a more active approach, the software also offers a manual control mode, making direct intervention possible. This versatility further increases his threat, as it allows attackers to adapt the attack according to their needs.

Flexible business models for cybercrime

Another factor contributing to the rapid spread of "EU ATM Malware" is the flexibility of purchase terms offered by its developers. Among the various options available are a monthly subscription, a three-day trial period and a model based on a down payment plus a percentage of profits from successful attacks. These flexible terms lower the barrier of entry for potential cybercriminals, expanding the pool of those who can afford to access this malicious software. This aspect underlines the urgency of intervention by banking institutions.

Banks' response strategies

European banks, already known for their stringent security measures, now face an unprecedented threat. The appearance of the "EU ATM Malware" highlights the importance of further strengthening your cyber defenses. Financial institutions not only in Europe but around the world must develop innovative strategies to protect their systems. An integrated and proactive approach is essential to address these new digital challenges. Only through the implementation of updated security measures and the adoption of advanced technologies will it be possible to contain and neutralize the growing threat represented by this new type of malware.

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05/29/2024 16:43

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