It’s low tech, but effective. Why Germany? It has more ATMs than other European countries, and—if I read the article right—they have more money in them. [...]

Enlarge (credit: d3sign ) Newly discovered Android malware steals payment card data using an infected device’s NFC reader and relays it to attackers, a novel technique that effectively clones the card so it can be used at ATMs or point-of-sale terminals, security firm ESET said. ESET researchers have named …

Enlarge / A BATM sold by General Bytes. (credit: General Bytes) Hackers drained millions of dollars in digital coins from cryptocurrency ATMs by exploiting a zero-day vulnerability, leaving customers on the hook for losses that can’t be reversed, the kiosk manufacturer has revealed. The heist targeted ATMs sold by …

It’s a series of vulnerabilities : Josep Rodriguez, a researcher and consultant at security firm IOActive, has spent the last year digging up and reporting vulnerabilities in the so-called near-field communications reader chips used in millions of ATMs and point-of-sale systems worldwide. NFC systems are what let you wave …