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ATM Attacks: Terminal Fraud Dives in Europe During Pandemic
euroinfosec) •
April 19, 2021    
Aftermath of a black box attack against an ATM (Photo: Europol EC3)
Criminals continue to target ATMs with black boxes to run cash-out attacks and use explosives to get cash out of machines. But during the pandemic, most other types of attacks used to target ATMs, payment terminals and point-of-sale devices sharply declined, the European Association for Secure Transactions, also known as EAST, says in a new report.
Whether such fraud trends will continue is uncertain, give that 2020 was a highly unusual year due to the COVID-19 pandemic, and crime and fraud patterns changed accordingly, says Lachlan Gunn, executive director of EAST. Despite national lockdowns and border closures, mobile organized crime groups continued to operate across Europe. ....

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