Malaysian banks face wave of automated teller robberies

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ATM machines

ATM machinesMalaysian banks are facing a rise in hackings of automated teller machines that caused losses worth hundreds of dollars over the weekend, officials said Tuesday.

Kamarudin Din, police chief of cyber and multimedia crimes, said 17 machines had been hacked so far and more than 1 million dollars worth of local currency stolen.

“Our member banks have stepped up their vigilance and enhanced security, and will continue to monitor and take preventive measures as necessary to protect customers’ data and safeguard their money in the banks,” the Association of Banks in Malaysia said.

It said customer account balances and information have not been compromised in the reported incidents.

Initial investigations revealed that the suspects opened the top panel of the ATM machines using a “common key,” before inserting a disc to infect the machines with a virus that allowed them to withdraw all the money by typing codes into the key panel.

GNA

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