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NZ ATM Attack Losses Hit $1 Million

At least 500 debit accounts in New Zealand have been linked to skimming at five compromised ATMs. Authorities say that’s likely just a fraction of the total damage, since some compromised accounts have not been detected or yet reported. The New Zealand Herald reported that overall financial losses are nearing $1 million and rising. In Canada, ATM skimming stories are a weekly occurrence in the U.S., skimming is a global occurrence. In the U., Canada and Malaysia, attacks linked to crime rings have challenged New Zealand institutions and law enforcement.”]

Source: https://www.cuinfosecurity.com/nz-atm-attack-losses-hit-1-million-a-4636

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