Hackers are targeting ATMs and stealing wads of cash

Hackers are targeting ATMs with malicious software that forces the machines to spew out cash, according to a new report from a cybersecurity firm.

Group IB said has it discovered a hacker group called Cobalt that had attacked ATMs in more than a dozen countries in Europe and Asia, including the U.K. and Russia. The “smash and grab” attacks were coordinated from unknown command centers. They don’t require any physical tampering of the ATMs but the hackers do need someone to be present when the attack happens so they can collect the wads of cash from the ATM.
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