Cyber Risks · Krebs on Security

How Cyber Sleuths Cracked an ATM Shimmer Gang

Summary: Starting in 2015, police worldwide found ATMs fitted with chip-card 'shimmers' that drew a few milliamps of power from the inserted card to record transaction data in encrypted form, and for years authorities could not decrypt the seized devices. After an identical shimmer surfaced in New York City in 2017, MasterCard's UK forensics lab cracked the encryption using known card-activity windows from CCTV footage, revealing a reused stolen Austrian bank card number that let investigators track the gang's ATM compromises globally.

Key Takeaway: The same stolen Austrian account number traversed the card networks every time the gang hit a new ATM, turning one cracked device into a global alert system - and the OCCRP estimates the Romanian 'Riviera Maya Gang' behind it stole more than $1.2 billion from tourists' accounts.

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Topics
Data Breaches
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