A pan-European crackdown has resulted in the arrest of 178 suspected money mules. Across Europe, 580 people were identified as suspects. National law enforcement agencies last week interviewed 380 suspects collectively implicated in losses amounting to €23m.
Full article on The Register
A criminal group dubbed Cobalt is behind synchronized ATM heists that saw machines across Europe, CIS countries (including Russia), and Malaysia being raided simultaneously, in the span of a few hours. The group has been active since June 2016, and their latest attacks happened in July and August.
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Cyber criminal tactics have changed over the last five years. Cyber criminals have remotely attacked cash machines in more than a dozen countries across Europe this year using malicious software that forces machines to spit out cash, according to Russian cyber security firm Group IB.
Full article via Fortune