Warnings Issued on Rising Financial Crime: Data Breaches and ATM Hacks Target Traditional Banking Systems
Warnings Issued on Rising Financial Crime: Data Breaches and ATM Hacks Target Traditional Banking Systems
Recent reports highlight significant vulnerabilities within traditional financial systems. French authorities revealed a massive data breach impacting 1.2 million bank accounts, while the FBI has warned of a sharp increase in 'jackpotting' incidents where criminals force US ATMs to dispense millions of dollars.
Massive Data Breach Exposes Sensitive Information on 1,200,000 Bank Accounts in France
Authorities in France say a database containing sensitive information on 1.2 million bank accounts has been breached. The Ministry of Economy says an unauthorized entity gained access to the national FICOBA database of bank accounts last month. “Upon detection of this incident, immediate access restrictions were implemented to stop the attack, limit the amount of […]
Criminals Hack Hundreds of US ATMs, Force Machines To Spew $20,000,000 In One Year: FBI
The FBI is warning financial institutions and the public about a sharp rise in attacks that compromise ATMs, forcing them to dispense cash. In a flash alert, the FBI’s Internet Crime Complaint Center says there have been more than 1,900 so-called “jackpotting” incidents since 2020. Over 700 of the attacks happened in 2025 alone, causing […]