This is the Shared Security Weekly Blaze for August 20, 2018 sponsored by Security Perspectives – Your Source for Tailored Security Awareness Training and Assessment Solutions and Silent Pocket. This episode was hosted by Tom Eston. Listen to this episode and previous ones direct via your web browser by clicking here!
Show Transcript
This is your Shared Security Weekly Blaze for August 20th 2018 with your host, Tom Eston. In this week’s episode: ATM cashout attacks, mobile phone voicemail security and Google location tracking.
The Shared Security Podcast is sponsored by Silent Pocket. With their patented Faraday cage product line of phone cases, wallets and bags you can block all wireless signals which will make your devices instantly untrackable, unhackable and undetectable. Visit silent-pocket.com for more details.
Hi everyone, this is Tom Eston, co-host of the Shared Security podcast. Welcome to the Shared Security Weekly Blaze where we update you on the top 3 security and privacy topics from the week. These weekly podcasts are published every Monday and are 15 minutes or less quickly giving you “news that you can use”.
This the 30th episode of the Weekly Blaze Podcast! I wanted to give a quick shout out and thank you to our listeners and sponsors for supporting the show! Thank you for all the feedback that you provide and we look forward to bringing you more great content in the coming weeks and months. Thanks for listening!
The Federal Bureau of Investigation is warning banks that criminals are looking to carry out a highly organized global “ATM cash out” in which criminals take previously cloned credit cards and use them at ATMs around the world to withdraw millions of dollars of cash all within a few hours. In the past, this attack has been done around a holiday when banks and financial institutions are closed. This is because the limited staff at banks during a holiday make it difficult for a bank to quickly respond to an attack like this. Similar attacks in the past have targeted small to medium sized banks, which may not have the robust security and fraud teams that a larger bank may have. Brian Krebs from Krebsonsecurity.com reports that this most recent FBI alert was related to a card breach of a bank in India called Cosmos. In this incident attackers drained $13.5 million from accounts using cloned cards at 25 different ATMs located in India, Hong Kong and Canada. Malware was also installed on the bank network which was used to help process the fraudulent ATM transactions. In the alert to banks the FBI noted several common tips to help prevent banks from becoming a victim but the truth of the matter is that many small and medium sized banks do not have the resources or staff to properly defend their systems from a dedicated attacker on their network. The best course of action for the rest of us is to stay vigilant about checking our credit and debit card statements and ensure you set up some type of fraud alerts for any transactions that may happen on your card. As a reminder, using a debit card instead of a credit card can be more risky due to the fact that money is instantly removed from your checking account and can take weeks for the bank to reimburse you. Check out our show notes for a link to our episode on credit card fraud in which we discuss tips how to prevent becoming a victim of this type of crime.
When was the last time you tho
Published on 7 years, 4 months ago
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