Tag
#banking security
2 stories taggedbanking security.
Threat Intelligence
Eight Years for ATM Jackpotting: What the Sentence Tells Us About Cash Machine Crime
A Venezuelan national just received what prosecutors are calling a record federal prison term for a scheme that drained ATMs of millions. Here is what happened, and why it is harder to pull off than it looks on TV.
3 min read
Identity & Access
Metro Bank Customer Lost £14,000 to Fraudsters Who Used Stolen Money to Buy AI Chatbot Credits
A Sussex businessman spent months fighting to recover £14,244 after criminals raided his Metro Bank account and spent the proceeds on credits for Claude, Anthropic's AI chatbot. The case raises hard questions about whether banks are doing enough to catch unusual spending patterns before the money is gone.
3 min read