8/14/2018 5:36:00 AM

Source: Business Insurance

The Federal Bureau of Investigation said that cyber criminals are planning a coordinated attack on ATMs worldwide and withdraw millions of dollars from customer bank accounts, The Independent reported. The FBI has warned banks that the cyber attack could take place in the space of a few hours, most likely on a weekend. The scheme involves cloned cards and hackers targeting the banks’ payment processors to facilitate fraudulent withdrawal of funds, the FBI added.