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The South America connection and the leadership on ATM Malware development

A report has found out that there is a cooperation between Eastern European and Latin American criminals. The report describes four stages used by criminals to steal money from ATM machines, that are: Local/remote access to the machine, installation of malicious code in ATM system, reboot of the target device and withdraw of the money. The prevalence of corruption can be considered as a fuel to criminal motivation once piracy and corporate data are sold in every corner of Latin America countries. The research points to a combination of factors behind the development of ATM malware like obsolete operating systems.”]

Source: https://securityaffairs.co/wordpress/70151/cyber-crime/latam-paradise-atm-malware.html

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