$45 million was stolen from ATMs around the world in a matter of hours in a “21st-century bank heist” In February, a New York-based organized crime ring in February hacked into financial databases, stole prepaid debit card data, removed withdrawal limits, cloned new cards and sent “mules” to make 4,500 ATM withdrawals worldwide. Card fraud has been decreasing in Europe and elsewhere where they are using chip-enabled EMV smart cards. In 2011 and 2012, MasterCard, Visa, Discover and American Express announced they were accelerating plans to issue EMV cards.”]
Source: https://www.csoonline.com/article/2134400/who-should-be-responsible-for-financial-fraud-.html