Malware dubbed “Ripper” is a never-seen-before type of malicious software designed to steal money from ATMs. In mid-July, $2.2 million was stolen from dozens of ATMs in Taiwan in flash strike that sent shivers through banking industry. Attackers use EMV payment cards that have been encoded to authenticate the card to malware that’s already been installed on the ATM. Ripper’s code doesn’t indicate how it’s installed on ATMs, but the malware-distribution method became clear after one affected ATM vendor provided the most detailed information yet.”]
Source: https://www.bankinfosecurity.com/ripper-atm-malware-where-will-cybercriminals-strike-next-a-9373