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Cybercriminals Hack Axis Bank ATM In Noida; Steal Rs 9.60 Lakh

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Cybercriminals Hacks Axis Bank ATM In Noida Steals Rs 9.60 Lakh

Noida: A gang of hackers active in Noida is hijacking ATMs using malware and withdrawing money from them. The latest attack was carried out at Axis Bank ATM at Sector 65 from where Rs 9.60 lakh was illegally withdrawn.

A similar hijacking of ATMs was reported in multiple locations in West Bengal and Ghaziabad recently. According to the FIR registered by Euronet Services India Pvt Ltd – a financial technology solutions and payments provider, it manages cash and payment at Axis Bank ATM installed at Behlolpur area in Noida’s Sector 65. On June 9 they found Rs 9.60 lakh cash shot at the ATM.

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“Post investigations of the ATMs logs and images it has been noticed that some unidentified persons have opened the ATM and injected a Malware in the ATM which has made the ATM function in such a manner that the ATM dispenses cash due to this Malware,” complainant said in the FIR.


The company has video footage and images from the ATM which clearly show criminals entering the ATM premises during the time the Malware attack has occurred as per the logs. The video and ATM logs have been shared with the police.

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“The miscreants are gang of hackers who are involved in such nefarious activity and are causing losses to companies and in case they are not apprehended at the earliest they may cause huge financial losses to various banks thereby causing loss of the public money in general,” the complainant said.

Noida police has resisted the FIR at Phase-III police station and have started the investigation. They are scanning the CCTV footage and bank log to establish the connection and identify the accused.

HOW IT IS DONE:

CCTV video was examined during the investigation. The suspect can be seen entering the ATM and accessing the upper half of the machine, which houses the computer.

The malware was uploaded and the system rebooted using an infected USB drive, according to an officer, who added that after some time, the accused can be seen escaping with the money.

As soon as the crime begins, the systems are disconnected from the service provider’s main servers.

When used at an ATM, the virus generates a code, which the crooks communicate to their gang mates, who transform the code to a password. Following that, as soon as the password is entered, the ATM begins issuing cash.

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