Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

September 2018

Preventing 'Unlimited' ATM Cash-out Attacks

On August 10th, the Federal Bureau of Investigation (FBI) issued a global fraud warning that an ‘unlimited’ ATM cash-out scheme was about to occur. While this did not stop criminals from making off with over $13.5 million USD from one bank in India, it did highlight the importance of early warning fraud systems and layered defense mechanisms.