FBI warns of imminent mass attack on world’s ATMs

[AlphaGoo]

Is this real news? I doubt it. Is this equivalent to the FBI's support for the cryptocurrency market? If this is true, this is a very good news for the cryptocurrency market, which is exciting. I don't know if the US will support the cryptocurrency market, which is very important.

[justdimin]

ATM is not something we use constantly, if you look at a global numbers we do not use ATM's as much as we use our debit cards, people have moved on from cash to debit cards in the recent years so this kind of attack even tough would be really damaging to many people would hurt banks more than it hurts people, laws are on the side of the customer when it comes to ATM attacks thankfully.

If your money is withdrawn from an ATM there is cameras that's recording every single ATM and if you are not there to collect your money yourself than you can claim your money back and even if the cameras are not recording than bank has no proof it wasn't you so they have to give your money back. So basically, this is more of a problem for the banks than people and honestly I couldn't care less for what happens to banks.

[jjjfff]

Cashless society means less ATM machines.

Cashless society means nothing works during a power outage.

Also means full control of society by banks.

[Capt00]

I think that article was old or the FBI has lately warned people by using ATM's before banks were using ATM that does not have microchips or they not upgrading ATM's by using EMV ( Europay, Mastercard, and Visa ). It looks like having a computerized sim card on your ATM card that their microchip contains encrypted cardholder’s data that are almost impossible to copy or fake. Unless if that bank owner having a shady activity by putting camera's on ATM machine to gather you an information on your ATM cards.

In this case, we must use the blockchain technology for safer and transparency transaction that we make feels better.

[cahbagus555]

I think that article was old or the FBI has lately warned people by using ATM's before banks were using ATM that does not have microchips or they not upgrading ATM's by using EMV ( Europay, Mastercard, and Visa ). It looks like having a computerized sim card on your ATM card that their microchip contains encrypted cardholder’s data that are almost impossible to copy or fake. Unless if that bank owner having a shady activity by putting camera's on ATM machine to gather you an information on your ATM cards.

In this case, we must use the blockchain technology for safer and transparency transaction that we make feels better.

Its true, right now banks obligated to issue new card with microchip to secure credit card or ATM card from hacking. If about hacking, blockchain technology is very useful and more secure than current system and i am reading an article that banks will adopting blockchain technology for their service