Cyber thieves are stealing money from ATMs with infected USB sticks

Cyber thieves are stealing money from ATMs with infected USB sticks: German researchers at the last Chaos Computing Congress in Hamburg revealed how cyber thieves steal money from ATMs win infected USB Sticks.
Cyber criminals are exploiting new techniques to attack ATMs (Automated Teller Machines) infecting the devices with specifically crafted malware.

Security researchers discovered a new series of attacks against ATMs, the criminals cut a piece from machine chassis to expose its USB port and plug in USB drives carrying their malicious code onto the ATMs.

A detailed description of the technique was presented by two German researchers at the last Chaos Computing Congress in Hamburg, Germany, the attack was used against the ATMs of Details of an unnamed European bank’s cash dispenser.

The two researchers who presented the technique have requested to not divulge their identities, the event is dated back to July when a series of ATMs were being emptied despite the adoption of the necessary and ordinary defensive measures. The attackers were able to steal the highest value banknotes to minimize the duration of the theft and the windows of exposure.

The results of the investigation revealed that cyber thieves were vandalizing the ATMs to infect them with USB sticks, once compromised the cash machine they patched the holes up hiding any evidence of the attack, in these ways the targeted several times the device in a stealthy way.