News and Updates on Information Technology

Belgium – Argenta Bank

Exploit: Malware 
Argenta Bank: Banking and Financial Services 

Risk to Small Business: 1.778 = Severe

Argenta Bank is the latest victim of an increasingly popular malware attack, jackpotting. In these schemes, cybercriminals infect operating systems for ATM machines, turning them into free money fountains. These very precise attacks require specific knowledge and technical skills, and the machines affected were manufactured by Diebold Nixdorf. The bank was forced to turn off 143 machines at various times over two days. 

Individual Risk: No consumer personal or financial data was reported as stolen in this breach.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Sophisticated attacks that require specialized information are becoming more common as attackers seek maximum profit from minimum work and malicious insiders offering cybercrime services like access credentials“as a service” become more common. Guarding against insider threats helps reduce the chance of this kind of crime.