Citibank ATM breach reveals PIN security problems »
Posted by: STONERS 2 months, 1 week agoHackers broke into Citibank's network of ATMs inside 7-Eleven stores and stole customers' PIN codes, according to recent court filings that revealed a disturbing security hole in the most sensitive part of a banking record.
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STONERS2 months, 1 week ago
"It's unclear how many Citibank customers were affected by the breach, which extended at least from October 2007 to March of this year and was first reported by technology news Web site Wired.com. The bank has nearly 5,700 Citibank-branded ATMs inside 7-Eleven Inc. stores throughout the U.S., but it doesn't own or operate any of them."
"That responsibility falls on two companies: Houston-based Cardtronics Inc., which owns all the machines but only operates some, and Brookfield, Wis.-based Fiserv Inc., which operates the others."
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STONERS2 months, 1 week ago
"A critical issue in the investigation is how the hackers infiltrated the system, a question that still hasn't been answered publicly."
"All that's known is they broke into the ATM network through a server at a third-party processor, which means they probably didn't have to touch the ATMs at all to pull off the heist."
"They could have gained administrative access to the machines which means they had carte blanche to grab information through a flaw in the network or by figuring out those computers' passwords. Or it's possible they installed a piece of malicious software on a banking server to capture unencrypted PINs as they passed through."
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STONERS2 months, 1 week ago
"What that means for consumers is that their PINs were stolen from machines that showed no signs of tampering they could detect. In previous PIN thefts, thieves generally took steps that might draw notice sending "phishing" e-mails, for example, or installing false-front keypads or even tiny cameras on ATMs."
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getreal12 months, 1 week ago
I was trying to pay on a hospital bill the other day and was surprised to find that this big old hospital had no online billing. I call to get my account number and they told me that the online billing was not reliable. This ATM business was supposed to save paper cut out all the bad check business. Looks like it has become a nightmare. If the bank doesn't get you with all the unfair fees the common thief will.
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texangelwings2 months ago
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jmarks2 months ago
I dont know why they insist on using the same windows systems as anybody would have access to.
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mackiemesser2 months ago
Yikes. I bank at a Credit Union which has only 1 ATM in my town but the ATMs at 7-11s subscribe to the CO-OP network of credit unions so that I can use their ATMs without charge. Hence I use the 7-11 ATMS a lot. Changed my PIN as soon as I heard about this.
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BigBadJohn6662 months ago
Identity theft is Bullsh!t anyway. If the Banks or credit cards give your money away, they should be responsible. In the old days if someone forged a check on you, the party/Bank that cashed it were responsible. How did they get this turned around to being your fault if they gave your money away? Come on people, lets demand thet they change this back to being like it used to be and should be. The Banks are probably doing this on purpose.
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chevydog2 months ago
Network-based banking, of which ATMs are a part is apparently here to stay. But we all know that netwoks can be compromised. I suspect that there are numerous cases out there that haven't even been discovered yet. Guess that the only thing that could "save" a person is close vigilance. That's not really the way it should be; but don't think that banks will accept full responsibility under any circumstance.
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