The Federal Bureau of Investigation (FBI) recently warned banks that cybercriminals are poised to carry out an “ATM cash-out” on an unprecedented scale. The FBI told banks on Friday: The FBI has obtained unspecified reporting indicating cyber criminals are planning to conduct a global Automated Teller Machine (ATM) cash-out scheme in the coming days, likely associated with an unknown card issuer breach and common referred to as an ‘unlimited operation. These unlimited operations compromise financial institutions or payment processors by installing malware that allows hackers to exploit network access, allowing admin-level access. Once inside, bad actors can disable fraud protection,…

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