Friday, September 14, 2012

ATM Malware Spreading Around The World

Cash machines around the world are hosting malware that can harvest a person's card details for use in fraud, a situation that could worsen as the malware becomes more sophisticated, according to a security researcher.

Analysts at Trustwave's SpiderLabs research group were surprised earlier this year when it obtained the ATM malware sample from a financial institution in Eastern Europe, said Andrew Henwood, vice president of SpiderLabs's Europe, Middle East and Africa operation. Trustwave does forensic investigations for major credit card companies and financial institutions as well as penetration tests.

"It's the first time we have come across malware of this type," Henwood said.

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