U.S. Regulators Warn of Pattern in ATM Hacks
April 02 2014 - 1:55PM
Dow Jones News
By Ryan Tracy
WASHINGTON--U.S. regulators are warning of a pattern in
cyberattacks targeting automated teller machines that could saddle
banks with "large dollar losses" from unauthorized withdrawals.
The attacks are increasing, senior bank supervisors on the
Federal Financial Institutions Examination Council said in a
statement Wednesday. They said small- and midsize banks are
especially at risk.
The warning is the latest evidence that hackers are exploiting
weaknesses in the security of the U.S. financial system for illicit
profits. In recent months, banks have been reissuing millions of
credit cards as a result of stolen customer information at Target
Corp. and other retailers.
Write to Ryan Tracy at ryan.tracy@wsj.com
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